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$388,805$368,910
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$1,944$0
Note rate6.500%7.320%
Blended rate6.500%7.560%
1st payment$2,515.63$2,534.16
2nd payment$0.00$0.00
Taxes / mo$333.92$333.92
Insurance / mo$150.00$150.00
MI / mo$0.00$73.78
HOA / mo$0.00$0.00
Total monthly$2,999.55$3,091.85
Cash to close$21,095$40,990