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$368,153$360,000
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$1,841$0
Note rate5.300%7.400%
Blended rate5.300%7.640%
1st payment$2,186.12$2,492.57
2nd payment$0.00$0.00
Taxes / mo$224.83$224.83
Insurance / mo$150.00$150.00
MI / mo$0.00$72.00
HOA / mo$0.00$0.00
Total monthly$2,560.96$2,939.40
Cash to close$31,847$40,000