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$231,945$240,300
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$1,160$0
Note rate5.000%7.320%
Blended rate5.000%7.560%
1st payment$1,336.15$1,650.69
2nd payment$0.00$0.00
Taxes / mo$247.29$247.29
Insurance / mo$150.00$150.00
MI / mo$0.00$48.06
HOA / mo$11.25$11.25
Total monthly$1,744.69$2,107.30
Cash to close$35,055$26,700