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$388,691$373,410
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$1,943$0
Note rate6.350%7.400%
Blended rate6.350%7.640%
1st payment$2,516.88$2,585.42
2nd payment$0.00$0.00
Taxes / mo$410.67$410.67
Insurance / mo$150.00$150.00
MI / mo$0.00$74.68
HOA / mo$150.00$150.00
Total monthly$3,227.55$3,370.76
Cash to close$26,209$41,490