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$245,779$237,600
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$1,229$0
Note rate6.090%7.320%
Blended rate6.090%7.560%
1st payment$1,495.21$1,632.15
2nd payment$0.00$0.00
Taxes / mo$270.25$270.25
Insurance / mo$150.00$150.00
MI / mo$0.00$47.52
HOA / mo$0.00$0.00
Total monthly$1,915.46$2,099.92
Cash to close$18,221$26,400