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$311,143$315,000
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$1,556$0
Note rate6.860%7.320%
Blended rate6.860%7.560%
1st payment$2,066.17$2,163.83
2nd payment$0.00$0.00
Taxes / mo$308.69$308.69
Insurance / mo$150.00$150.00
MI / mo$0.00$63.00
HOA / mo$0.00$0.00
Total monthly$2,524.86$2,685.52
Cash to close$38,857$35,000