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$408,423$400,500
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$2,042$0
Note rate6.770%7.320%
Blended rate6.770%7.560%
1st payment$2,685.43$2,751.16
2nd payment$0.00$0.00
Taxes / mo$113.33$113.33
Insurance / mo$150.00$150.00
MI / mo$0.00$80.10
HOA / mo$70.00$70.00
Total monthly$3,018.76$3,164.59
Cash to close$36,577$44,500