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$1,031,915$877,500
Remaining term (yrs)29.530.0
Secondary amount$0$0
Funding fee$5,160$0
Note rate6.220%7.320%
Blended rate6.220%7.560%
1st payment$6,358.02$6,027.82
2nd payment$0.00$0.00
Taxes / mo$812.50$812.50
Insurance / mo$216.67$216.67
MI / mo$0.00$175.50
HOA / mo$97.00$97.00
Total monthly$7,484.18$7,329.48
Cash to close$0$97,500