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$263,793$265,410
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$1,319$0
Note rate6.500%7.320%
Blended rate6.500%7.560%
1st payment$1,675.01$1,823.18
2nd payment$0.00$0.00
Taxes / mo$195.33$195.33
Insurance / mo$150.00$150.00
MI / mo$0.00$53.08
HOA / mo$336.00$336.00
Total monthly$2,356.34$2,557.60
Cash to close$31,107$29,490