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$247,245$252,000
Remaining term (yrs)23.830.0
Secondary amount$0$0
Funding fee$1,236$0
Note rate3.130%7.400%
Blended rate3.130%7.640%
1st payment$1,224.86$1,744.80
2nd payment$0.00$0.00
Taxes / mo$92.28$92.28
Insurance / mo$150.00$150.00
MI / mo$0.00$50.40
HOA / mo$300.00$300.00
Total monthly$1,767.14$2,337.48
Cash to close$32,755$28,000