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$241,429$239,400
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$1,207$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$1,575.62$1,657.56
2nd payment$0.00$0.00
Taxes / mo$398.83$398.83
Insurance / mo$150.00$150.00
MI / mo$0.00$47.88
HOA / mo$0.00$0.00
Total monthly$2,124.45$2,254.27
Cash to close$24,571$26,600