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$249,742$256,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$1,249$0
Note rate6.730%7.400%
Blended rate6.730%7.640%
1st payment$1,654.78$1,775.95
2nd payment$0.00$0.00
Taxes / mo$421.86$421.86
Insurance / mo$150.00$150.00
MI / mo$0.00$51.30
HOA / mo$471.00$471.00
Total monthly$2,697.64$2,870.12
Cash to close$35,258$28,500