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$414,630$396,000
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$2,073$0
Note rate6.950%7.320%
Blended rate6.950%7.560%
1st payment$2,788.29$2,720.25
2nd payment$0.00$0.00
Taxes / mo$223.25$223.25
Insurance / mo$150.00$150.00
MI / mo$0.00$79.20
HOA / mo$10.00$10.00
Total monthly$3,171.54$3,182.70
Cash to close$25,370$44,000