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$391,920$372,600
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$1,960$0
Note rate6.740%7.400%
Blended rate6.740%7.640%
1st payment$2,604.69$2,579.81
2nd payment$0.00$0.00
Taxes / mo$441.08$441.08
Insurance / mo$150.00$150.00
MI / mo$0.00$74.52
HOA / mo$0.00$0.00
Total monthly$3,195.78$3,245.41
Cash to close$22,080$41,400