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$312,880$161,100
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$1,564$0
Note rate6.990%7.400%
Blended rate6.990%7.640%
1st payment$2,128.41$1,115.42
2nd payment$0.00$0.00
Taxes / mo$346.83$346.83
Insurance / mo$150.00$150.00
MI / mo$0.00$32.22
HOA / mo$9.33$9.33
Total monthly$2,634.58$1,653.81
Cash to close$0$17,900