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$343,586$247,500
Remaining term (yrs)24.430.0
Secondary amount$0$0
Funding fee$1,718$0
Note rate2.810%7.320%
Blended rate2.810%7.560%
1st payment$1,614.24$1,700.15
2nd payment$0.00$0.00
Taxes / mo$385.33$385.33
Insurance / mo$150.00$150.00
MI / mo$0.00$49.50
HOA / mo$57.00$57.00
Total monthly$2,206.58$2,341.99
Cash to close$0$27,500