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$244,091$252,000
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$1,220$0
Note rate3.450%7.400%
Blended rate3.450%7.640%
1st payment$1,200.43$1,744.80
2nd payment$0.00$0.00
Taxes / mo$168.83$168.83
Insurance / mo$150.00$150.00
MI / mo$0.00$50.40
HOA / mo$0.00$0.00
Total monthly$1,519.27$2,114.03
Cash to close$35,909$28,000