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$385,066$216,000
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$1,925$0
Note rate5.510%7.320%
Blended rate5.510%7.560%
1st payment$2,324.82$1,483.77
2nd payment$0.00$0.00
Taxes / mo$304.92$304.92
Insurance / mo$150.00$150.00
MI / mo$0.00$43.20
HOA / mo$134.00$134.00
Total monthly$2,913.74$2,115.89
Cash to close$0$24,000