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$317,007$310,500
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$1,585$0
Note rate6.280%7.400%
Blended rate6.280%7.640%
1st payment$2,041.13$2,149.84
2nd payment$0.00$0.00
Taxes / mo$287.50$287.50
Insurance / mo$150.00$150.00
MI / mo$0.00$62.10
HOA / mo$11.67$11.67
Total monthly$2,490.30$2,661.11
Cash to close$27,993$34,500