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$381,109$324,000
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$1,906$0
Note rate3.450%7.400%
Blended rate3.450%7.640%
1st payment$1,874.28$2,243.31
2nd payment$0.00$0.00
Taxes / mo$300.00$300.00
Insurance / mo$150.00$150.00
MI / mo$0.00$64.80
HOA / mo$435.00$435.00
Total monthly$2,759.28$3,193.11
Cash to close$0$36,000