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$290,775$288,000
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$1,454$0
Note rate5.300%7.400%
Blended rate5.300%7.640%
1st payment$1,721.44$1,994.05
2nd payment$0.00$0.00
Taxes / mo$181.92$181.92
Insurance / mo$150.00$150.00
MI / mo$0.00$57.60
HOA / mo$12.50$12.50
Total monthly$2,065.86$2,396.07
Cash to close$29,225$32,000