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$299,190$198,000
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$1,496$0
Note rate6.790%7.320%
Blended rate6.790%7.560%
1st payment$1,986.22$1,360.12
2nd payment$0.00$0.00
Taxes / mo$170.25$170.25
Insurance / mo$150.00$150.00
MI / mo$0.00$39.60
HOA / mo$0.00$0.00
Total monthly$2,306.47$1,719.97
Cash to close$0$22,000