Dan Frey Home Loans
Call Dan

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$499,016$391,500
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$2,495$0
Note rate6.890%7.240%
Blended rate6.890%7.480%
1st payment$3,339.17$2,668.07
2nd payment$0.00$0.00
Taxes / mo$362.50$362.50
Insurance / mo$150.00$150.00
MI / mo$0.00$78.30
HOA / mo$187.00$187.00
Total monthly$4,038.67$3,445.87
Cash to close$0$43,500