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$421,637$387,000
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$2,108$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$2,692.55$2,679.51
2nd payment$0.00$0.00
Taxes / mo$80.75$80.75
Insurance / mo$150.00$150.00
MI / mo$0.00$77.40
HOA / mo$14.67$14.67
Total monthly$2,937.97$3,002.33
Cash to close$8,363$43,000