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$268,324$243,000
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$1,342$0
Note rate2.880%7.400%
Blended rate2.880%7.640%
1st payment$1,252.89$1,682.48
2nd payment$0.00$0.00
Taxes / mo$153.42$153.42
Insurance / mo$150.00$150.00
MI / mo$0.00$48.60
HOA / mo$370.00$370.00
Total monthly$1,926.31$2,404.50
Cash to close$1,676$27,000