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$198,116$180,000
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$991$0
Note rate7.630%7.400%
Blended rate7.630%7.640%
1st payment$1,441.06$1,246.28
2nd payment$0.00$0.00
Taxes / mo$224.58$224.58
Insurance / mo$150.00$150.00
MI / mo$0.00$36.00
HOA / mo$0.00$0.00
Total monthly$1,815.64$1,656.87
Cash to close$1,884$20,000