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$314,156$288,000
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$1,571$0
Note rate6.340%7.320%
Blended rate6.340%7.560%
1st payment$2,034.67$1,978.36
2nd payment$0.00$0.00
Taxes / mo$229.25$229.25
Insurance / mo$150.00$150.00
MI / mo$0.00$57.60
HOA / mo$368.00$368.00
Total monthly$2,781.92$2,783.21
Cash to close$5,844$32,000