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$410,473$247,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$2,052$0
Note rate6.890%7.400%
Blended rate6.890%7.640%
1st payment$2,762.65$1,713.64
2nd payment$0.00$0.00
Taxes / mo$407.50$407.50
Insurance / mo$150.00$150.00
MI / mo$0.00$49.50
HOA / mo$8.33$8.33
Total monthly$3,328.48$2,328.97
Cash to close$0$27,500