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$398,562$382,500
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$1,993$0
Note rate6.790%7.400%
Blended rate6.790%7.640%
1st payment$2,692.89$2,648.35
2nd payment$0.00$0.00
Taxes / mo$232.75$232.75
Insurance / mo$150.00$150.00
MI / mo$0.00$76.50
HOA / mo$333.00$333.00
Total monthly$3,408.64$3,440.60
Cash to close$26,438$42,500