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$243,949$40,499
Remaining term (yrs)24.530.0
Secondary amount$0$0
Funding fee$1,220$0
Note rate3.050%7.400%
Blended rate3.050%7.640%
1st payment$1,173.68$280.41
2nd payment$0.00$0.00
Taxes / mo$22.25$22.25
Insurance / mo$150.00$150.00
MI / mo$0.00$8.10
HOA / mo$0.00$0.00
Total monthly$1,345.93$460.76
Cash to close$0$4,500