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$278,911$261,000
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$1,395$0
Note rate3.550%7.320%
Blended rate3.550%7.560%
1st payment$1,386.70$1,792.89
2nd payment$0.00$0.00
Taxes / mo$96.25$96.25
Insurance / mo$150.00$150.00
MI / mo$0.00$52.20
HOA / mo$0.00$0.00
Total monthly$1,632.95$2,091.34
Cash to close$11,089$29,000