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$591,205$540,000
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$2,956$0
Note rate6.850%7.400%
Blended rate6.850%7.640%
1st payment$3,933.03$3,738.85
2nd payment$0.00$0.00
Taxes / mo$136.00$136.00
Insurance / mo$166.67$166.67
MI / mo$0.00$108.00
HOA / mo$87.00$87.00
Total monthly$4,322.70$4,236.52
Cash to close$8,795$60,000