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$350,396$324,000
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$1,752$0
Note rate3.625%7.400%
Blended rate3.625%7.640%
1st payment$1,756.34$2,243.31
2nd payment$0.00$0.00
Taxes / mo$319.42$319.42
Insurance / mo$150.00$150.00
MI / mo$0.00$64.80
HOA / mo$18.75$18.75
Total monthly$2,244.51$2,796.28
Cash to close$9,604$36,000