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$262,929$270,000
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$1,315$0
Note rate6.650%7.320%
Blended rate6.650%7.560%
1st payment$1,716.35$1,854.71
2nd payment$0.00$0.00
Taxes / mo$231.58$231.58
Insurance / mo$150.00$150.00
MI / mo$0.00$54.00
HOA / mo$460.00$460.00
Total monthly$2,557.93$2,750.30
Cash to close$37,071$30,000