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$340,102$342,000
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$1,701$0
Note rate6.900%7.320%
Blended rate6.900%7.560%
1st payment$2,305.10$2,349.30
2nd payment$0.00$0.00
Taxes / mo$376.67$376.67
Insurance / mo$150.00$150.00
MI / mo$0.00$68.40
HOA / mo$57.00$57.00
Total monthly$2,888.77$3,001.37
Cash to close$39,898$38,000