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$246,456$247,500
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$1,232$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$1,573.85$1,713.64
2nd payment$0.00$0.00
Taxes / mo$259.33$259.33
Insurance / mo$150.00$150.00
MI / mo$0.00$49.50
HOA / mo$210.00$210.00
Total monthly$2,193.18$2,382.47
Cash to close$28,544$27,500