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$647,374$450,000
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$3,237$0
Note rate7.620%7.400%
Blended rate7.620%7.640%
1st payment$4,704.54$3,115.71
2nd payment$0.00$0.00
Taxes / mo$146.25$146.25
Insurance / mo$166.67$166.67
MI / mo$0.00$90.00
HOA / mo$0.00$0.00
Total monthly$5,017.46$3,518.63
Cash to close$0$50,000