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$311,802$304,200
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$1,559$0
Note rate6.870%7.320%
Blended rate6.870%7.560%
1st payment$2,094.47$2,089.64
2nd payment$0.00$0.00
Taxes / mo$685.17$685.17
Insurance / mo$150.00$150.00
MI / mo$0.00$60.84
HOA / mo$0.00$0.00
Total monthly$2,929.64$2,985.65
Cash to close$26,198$33,800