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$382,661$360,000
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$1,913$0
Note rate5.780%7.400%
Blended rate5.780%7.640%
1st payment$2,376.38$2,492.57
2nd payment$0.00$0.00
Taxes / mo$491.92$491.92
Insurance / mo$150.00$150.00
MI / mo$0.00$72.00
HOA / mo$144.00$144.00
Total monthly$3,162.29$3,350.48
Cash to close$17,339$40,000