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$347,791$337,500
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$1,739$0
Note rate6.740%7.320%
Blended rate6.740%7.560%
1st payment$2,282.05$2,318.39
2nd payment$0.00$0.00
Taxes / mo$200.47$200.47
Insurance / mo$150.00$150.00
MI / mo$0.00$67.50
HOA / mo$60.00$60.00
Total monthly$2,692.51$2,796.36
Cash to close$27,209$37,500