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$246,335$211,500
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$1,232$0
Note rate6.960%7.400%
Blended rate6.960%7.640%
1st payment$1,691.48$1,464.38
2nd payment$0.00$0.00
Taxes / mo$150.33$150.33
Insurance / mo$150.00$150.00
MI / mo$0.00$42.30
HOA / mo$0.00$0.00
Total monthly$1,991.81$1,807.02
Cash to close$0$23,500