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$221,413$229,500
Remaining term (yrs)13.430.0
Secondary amount$0$0
Funding fee$1,107$0
Note rate6.160%7.320%
Blended rate6.160%7.560%
1st payment$2,016.22$1,576.51
2nd payment$0.00$0.00
Taxes / mo$201.50$201.50
Insurance / mo$150.00$150.00
MI / mo$0.00$45.90
HOA / mo$0.00$0.00
Total monthly$2,367.72$1,973.91
Cash to close$33,587$25,500