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$352,977$202,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$1,765$0
Note rate6.860%7.320%
Blended rate6.860%7.560%
1st payment$2,368.75$1,391.03
2nd payment$0.00$0.00
Taxes / mo$514.67$514.67
Insurance / mo$150.00$150.00
MI / mo$0.00$40.50
HOA / mo$686.33$686.33
Total monthly$3,719.75$2,782.53
Cash to close$0$22,500