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$421,999$403,200
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$2,110$0
Note rate6.390%7.400%
Blended rate6.390%7.640%
1st payment$2,743.25$2,791.68
2nd payment$0.00$0.00
Taxes / mo$210.50$210.50
Insurance / mo$150.00$150.00
MI / mo$0.00$80.64
HOA / mo$2.50$2.50
Total monthly$3,106.25$3,235.32
Cash to close$26,001$44,800