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$291,493$279,000
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$1,457$0
Note rate6.120%7.400%
Blended rate6.120%7.640%
1st payment$1,809.11$1,931.74
2nd payment$0.00$0.00
Taxes / mo$174.33$174.33
Insurance / mo$150.00$150.00
MI / mo$0.00$55.80
HOA / mo$435.00$435.00
Total monthly$2,568.44$2,746.87
Cash to close$18,507$31,000