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$392,731$360,000
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$1,964$0
Note rate6.600%7.400%
Blended rate6.600%7.640%
1st payment$2,553.42$2,492.57
2nd payment$0.00$0.00
Taxes / mo$197.08$197.08
Insurance / mo$150.00$150.00
MI / mo$0.00$72.00
HOA / mo$389.00$389.00
Total monthly$3,289.51$3,300.65
Cash to close$7,269$40,000