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$305,546$280,800
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$1,528$0
Note rate6.500%7.320%
Blended rate6.500%7.560%
1st payment$1,953.09$1,928.90
2nd payment$0.00$0.00
Taxes / mo$96.50$96.50
Insurance / mo$150.00$150.00
MI / mo$0.00$56.16
HOA / mo$0.00$0.00
Total monthly$2,199.59$2,231.56
Cash to close$6,454$31,200