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$381,551$360,000
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$1,908$0
Note rate6.880%7.320%
Blended rate6.880%7.560%
1st payment$2,573.18$2,472.95
2nd payment$0.00$0.00
Taxes / mo$607.42$607.42
Insurance / mo$150.00$150.00
MI / mo$0.00$72.00
HOA / mo$105.00$105.00
Total monthly$3,435.60$3,407.37
Cash to close$18,449$40,000