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$267,734$261,000
Remaining term (yrs)24.430.0
Secondary amount$0$0
Funding fee$1,339$0
Note rate2.740%7.400%
Blended rate2.740%7.640%
1st payment$1,251.27$1,807.11
2nd payment$0.00$0.00
Taxes / mo$154.25$154.25
Insurance / mo$150.00$150.00
MI / mo$0.00$52.20
HOA / mo$280.00$280.00
Total monthly$1,835.52$2,443.56
Cash to close$22,266$29,000