Dan Frey Home Loans
Call Dan

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$281,540$220,950
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$1,408$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$1,801.39$1,529.81
2nd payment$0.00$0.00
Taxes / mo$272.25$272.25
Insurance / mo$150.00$150.00
MI / mo$0.00$44.19
HOA / mo$305.00$305.00
Total monthly$2,528.64$2,301.25
Cash to close$0$24,550