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$251,591$261,000
Remaining term (yrs)23.930.0
Secondary amount$0$0
Funding fee$1,258$0
Note rate3.030%7.320%
Blended rate3.030%7.560%
1st payment$1,227.54$1,792.89
2nd payment$0.00$0.00
Taxes / mo$209.50$209.50
Insurance / mo$150.00$150.00
MI / mo$0.00$52.20
HOA / mo$392.00$392.00
Total monthly$1,979.04$2,596.59
Cash to close$38,409$29,000