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$237,981$62,910
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$1,190$0
Note rate6.740%7.400%
Blended rate6.740%7.640%
1st payment$1,561.52$435.58
2nd payment$0.00$0.00
Taxes / mo$498.67$498.67
Insurance / mo$150.00$150.00
MI / mo$0.00$12.58
HOA / mo$0.00$0.00
Total monthly$2,210.19$1,096.82
Cash to close$0$6,990