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$312,228$283,500
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$1,561$0
Note rate6.220%7.400%
Blended rate6.220%7.640%
1st payment$1,933.31$1,962.90
2nd payment$0.00$0.00
Taxes / mo$375.58$375.58
Insurance / mo$150.00$150.00
MI / mo$0.00$56.70
HOA / mo$10.00$10.00
Total monthly$2,468.89$2,555.18
Cash to close$2,772$31,500