Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

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$400,075$395,910
Remaining term (yrs)25.030.0
Secondary amount$0$0
Funding fee$2,000$0
Note rate2.990%7.400%
Blended rate2.990%7.640%
1st payment$1,886.68$2,741.20
2nd payment$0.00$0.00
Taxes / mo$224.41$224.41
Insurance / mo$150.00$150.00
MI / mo$0.00$79.18
HOA / mo$70.00$70.00
Total monthly$2,331.09$3,264.80
Cash to close$39,825$43,990