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$248,197$215,910
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$1,241$0
Note rate4.980%7.400%
Blended rate4.980%7.640%
1st payment$1,424.59$1,494.92
2nd payment$0.00$0.00
Taxes / mo$328.08$328.08
Insurance / mo$150.00$150.00
MI / mo$0.00$43.18
HOA / mo$321.00$321.00
Total monthly$2,223.67$2,337.18
Cash to close$0$23,990