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$351,471$337,500
Remaining term (yrs)24.330.0
Secondary amount$0$0
Funding fee$1,757$0
Note rate2.650%7.320%
Blended rate2.650%7.560%
1st payment$1,630.48$2,318.39
2nd payment$0.00$0.00
Taxes / mo$170.57$170.57
Insurance / mo$150.00$150.00
MI / mo$0.00$67.50
HOA / mo$590.00$590.00
Total monthly$2,541.06$3,296.47
Cash to close$23,529$37,500