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$350,471$295,200
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$1,752$0
Note rate7.500%7.400%
Blended rate7.500%7.640%
1st payment$2,516.47$2,043.91
2nd payment$0.00$0.00
Taxes / mo$174.25$174.25
Insurance / mo$150.00$150.00
MI / mo$0.00$59.04
HOA / mo$235.00$235.00
Total monthly$3,075.72$2,662.20
Cash to close$0$32,800