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$318,564$285,210
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$1,593$0
Note rate6.890%7.400%
Blended rate6.890%7.640%
1st payment$2,121.76$1,974.74
2nd payment$0.00$0.00
Taxes / mo$406.50$406.50
Insurance / mo$150.00$150.00
MI / mo$0.00$57.04
HOA / mo$16.67$16.67
Total monthly$2,694.93$2,604.95
Cash to close$0$31,690