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$271,044$265,500
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$1,355$0
Note rate4.980%7.400%
Blended rate4.980%7.640%
1st payment$1,555.73$1,838.27
2nd payment$0.00$0.00
Taxes / mo$339.42$339.42
Insurance / mo$150.00$150.00
MI / mo$0.00$53.10
HOA / mo$374.00$374.00
Total monthly$2,419.15$2,754.79
Cash to close$23,956$29,500