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$406,270$391,500
Remaining term (yrs)29.330.0
Secondary amount$0$0
Funding fee$2,031$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$2,584.53$2,710.67
2nd payment$0.00$0.00
Taxes / mo$256.50$256.50
Insurance / mo$150.00$150.00
MI / mo$0.00$78.30
HOA / mo$0.00$0.00
Total monthly$2,991.03$3,195.47
Cash to close$28,730$43,500