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$385,224$387,000
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$1,926$0
Note rate6.860%7.320%
Blended rate6.860%7.560%
1st payment$2,558.11$2,658.42
2nd payment$0.00$0.00
Taxes / mo$92.67$92.67
Insurance / mo$150.00$150.00
MI / mo$0.00$77.40
HOA / mo$0.00$0.00
Total monthly$2,800.78$2,978.49
Cash to close$44,776$43,000