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$316,940$233,640
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$1,585$0
Note rate6.710%7.400%
Blended rate6.710%7.640%
1st payment$2,125.08$1,617.68
2nd payment$0.00$0.00
Taxes / mo$116.25$116.25
Insurance / mo$150.00$150.00
MI / mo$0.00$46.73
HOA / mo$180.00$180.00
Total monthly$2,571.33$2,110.65
Cash to close$0$25,960