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$279,708$280,800
Remaining term (yrs)29.230.0
Secondary amount$0$0
Funding fee$1,399$0
Note rate6.220%7.400%
Blended rate6.220%7.640%
1st payment$1,730.21$1,944.20
2nd payment$0.00$0.00
Taxes / mo$260.00$260.00
Insurance / mo$150.00$150.00
MI / mo$0.00$56.16
HOA / mo$16.00$16.00
Total monthly$2,156.21$2,426.36
Cash to close$32,292$31,200