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$311,402$302,400
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$1,557$0
Note rate6.500%7.320%
Blended rate6.500%7.560%
1st payment$2,023.41$2,077.28
2nd payment$0.00$0.00
Taxes / mo$149.17$149.17
Insurance / mo$150.00$150.00
MI / mo$0.00$60.48
HOA / mo$7.92$7.92
Total monthly$2,330.50$2,444.84
Cash to close$24,598$33,600