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$296,462$301,410
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$1,482$0
Note rate5.500%7.400%
Blended rate5.500%7.640%
1st payment$1,763.19$2,086.90
2nd payment$0.00$0.00
Taxes / mo$123.58$123.58
Insurance / mo$150.00$150.00
MI / mo$0.00$60.28
HOA / mo$0.00$0.00
Total monthly$2,036.77$2,420.77
Cash to close$38,438$33,490