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$295,014$103,500
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$1,475$0
Note rate6.940%7.320%
Blended rate6.940%7.560%
1st payment$1,997.20$710.97
2nd payment$0.00$0.00
Taxes / mo$67.33$67.33
Insurance / mo$150.00$150.00
MI / mo$0.00$20.70
HOA / mo$0.00$0.00
Total monthly$2,214.53$949.01
Cash to close$0$11,500