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$247,817$229,500
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$1,239$0
Note rate5.300%7.400%
Blended rate5.300%7.640%
1st payment$1,471.56$1,589.01
2nd payment$0.00$0.00
Taxes / mo$190.08$190.08
Insurance / mo$150.00$150.00
MI / mo$0.00$45.90
HOA / mo$185.00$185.00
Total monthly$1,996.64$2,159.99
Cash to close$7,183$25,500