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$393,221$374,400
Remaining term (yrs)24.830.0
Secondary amount$0$0
Funding fee$1,966$0
Note rate2.870%7.320%
Blended rate2.870%7.560%
1st payment$1,838.22$2,571.87
2nd payment$0.00$0.00
Taxes / mo$222.08$222.08
Insurance / mo$150.00$150.00
MI / mo$0.00$74.88
HOA / mo$105.00$105.00
Total monthly$2,315.30$3,123.83
Cash to close$22,779$41,600