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$318,475$310,500
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$1,592$0
Note rate6.810%7.400%
Blended rate6.810%7.640%
1st payment$2,153.55$2,149.84
2nd payment$0.00$0.00
Taxes / mo$131.75$131.75
Insurance / mo$150.00$150.00
MI / mo$0.00$62.10
HOA / mo$310.00$310.00
Total monthly$2,745.30$2,803.69
Cash to close$26,525$34,500