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$244,088$207,000
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$1,220$0
Note rate6.950%7.400%
Blended rate6.950%7.640%
1st payment$1,687.31$1,433.23
2nd payment$0.00$0.00
Taxes / mo$56.42$56.42
Insurance / mo$150.00$150.00
MI / mo$0.00$41.40
HOA / mo$135.00$135.00
Total monthly$2,028.72$1,816.04
Cash to close$0$23,000