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$318,450$243,000
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$1,592$0
Note rate6.310%7.400%
Blended rate6.310%7.640%
1st payment$2,066.44$1,682.48
2nd payment$0.00$0.00
Taxes / mo$663.75$663.75
Insurance / mo$150.00$150.00
MI / mo$0.00$48.60
HOA / mo$7.50$7.50
Total monthly$2,887.69$2,552.33
Cash to close$0$27,000