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$505,020$450,000
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$2,525$0
Note rate6.580%7.400%
Blended rate6.580%7.640%
1st payment$3,367.37$3,115.71
2nd payment$0.00$0.00
Taxes / mo$843.75$843.75
Insurance / mo$166.67$166.67
MI / mo$0.00$90.00
HOA / mo$11.42$11.42
Total monthly$4,389.21$4,227.55
Cash to close$0$50,000