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$417,377$396,000
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$2,087$0
Note rate2.870%7.400%
Blended rate2.870%7.640%
1st payment$1,951.14$2,741.82
2nd payment$0.00$0.00
Taxes / mo$366.67$366.67
Insurance / mo$150.00$150.00
MI / mo$0.00$79.20
HOA / mo$600.00$600.00
Total monthly$3,067.81$3,937.69
Cash to close$22,623$44,000