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$410,596$405,000
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$2,053$0
Note rate6.300%7.400%
Blended rate6.300%7.640%
1st payment$2,568.74$2,804.14
2nd payment$0.00$0.00
Taxes / mo$221.92$221.92
Insurance / mo$150.00$150.00
MI / mo$0.00$81.00
HOA / mo$27.50$27.50
Total monthly$2,968.15$3,284.55
Cash to close$39,404$45,000