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$324,655$306,000
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$1,623$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$2,073.23$2,118.68
2nd payment$0.00$0.00
Taxes / mo$283.33$283.33
Insurance / mo$150.00$150.00
MI / mo$0.00$61.20
HOA / mo$394.00$394.00
Total monthly$2,900.56$3,007.22
Cash to close$15,345$34,000