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$343,500$345,600
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$1,718$0
Note rate6.580%7.240%
Blended rate6.580%7.480%
1st payment$2,211.51$2,355.26
2nd payment$0.00$0.00
Taxes / mo$320.00$320.00
Insurance / mo$150.00$150.00
MI / mo$0.00$69.12
HOA / mo$16.67$16.67
Total monthly$2,698.18$2,911.05
Cash to close$40,500$38,400