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$279,588$261,000
Remaining term (yrs)29.230.0
Secondary amount$0$0
Funding fee$1,398$0
Note rate6.240%7.400%
Blended rate6.240%7.640%
1st payment$1,733.07$1,807.11
2nd payment$0.00$0.00
Taxes / mo$241.67$241.67
Insurance / mo$150.00$150.00
MI / mo$0.00$52.20
HOA / mo$40.00$40.00
Total monthly$2,164.74$2,290.98
Cash to close$10,412$29,000