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$322,425$306,000
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$1,612$0
Note rate5.510%7.320%
Blended rate5.510%7.560%
1st payment$1,946.63$2,102.01
2nd payment$0.00$0.00
Taxes / mo$215.08$215.08
Insurance / mo$150.00$150.00
MI / mo$0.00$61.20
HOA / mo$50.00$50.00
Total monthly$2,361.71$2,578.29
Cash to close$17,575$34,000