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$298,206$286,200
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$1,491$0
Note rate6.420%7.400%
Blended rate6.420%7.640%
1st payment$1,955.76$1,981.59
2nd payment$0.00$0.00
Taxes / mo$283.33$283.33
Insurance / mo$150.00$150.00
MI / mo$0.00$57.24
HOA / mo$1.25$1.25
Total monthly$2,390.34$2,473.41
Cash to close$19,794$31,800