Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$197,789$193,500
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$989$0
Note rate7.490%7.400%
Blended rate7.490%7.640%
1st payment$1,421.52$1,339.75
2nd payment$0.00$0.00
Taxes / mo$179.17$179.17
Insurance / mo$150.00$150.00
MI / mo$0.00$38.70
HOA / mo$0.00$0.00
Total monthly$1,750.68$1,707.62
Cash to close$17,211$21,500