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$311,686$294,210
Remaining term (yrs)29.230.0
Secondary amount$0$0
Funding fee$1,558$0
Note rate6.500%7.320%
Blended rate6.500%7.560%
1st payment$1,984.69$2,021.02
2nd payment$0.00$0.00
Taxes / mo$212.05$212.05
Insurance / mo$150.00$150.00
MI / mo$0.00$58.84
HOA / mo$20.50$20.50
Total monthly$2,367.24$2,462.41
Cash to close$15,214$32,690