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$391,204$283,500
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$1,956$0
Note rate6.870%7.320%
Blended rate6.870%7.560%
1st payment$2,607.66$1,947.45
2nd payment$0.00$0.00
Taxes / mo$262.50$262.50
Insurance / mo$150.00$150.00
MI / mo$0.00$56.70
HOA / mo$0.00$0.00
Total monthly$3,020.16$2,416.65
Cash to close$0$31,500