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$240,540$197,910
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$1,203$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$1,537.56$1,370.29
2nd payment$0.00$0.00
Taxes / mo$238.96$238.96
Insurance / mo$150.00$150.00
MI / mo$0.00$39.58
HOA / mo$0.00$0.00
Total monthly$1,926.52$1,798.83
Cash to close$0$21,990