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$399,205$386,100
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$1,996$0
Note rate6.500%7.320%
Blended rate6.500%7.560%
1st payment$2,561.85$2,652.24
2nd payment$0.00$0.00
Taxes / mo$115.17$115.17
Insurance / mo$150.00$150.00
MI / mo$0.00$77.22
HOA / mo$0.00$0.00
Total monthly$2,827.01$2,994.63
Cash to close$29,795$42,900