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$257,830$251,910
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$1,289$0
Note rate6.200%7.400%
Blended rate6.200%7.640%
1st payment$1,615.08$1,744.17
2nd payment$0.00$0.00
Taxes / mo$233.25$233.25
Insurance / mo$150.00$150.00
MI / mo$0.00$50.38
HOA / mo$16.67$16.67
Total monthly$2,015.00$2,194.48
Cash to close$22,070$27,990