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$253,885$263,699
Remaining term (yrs)25.030.0
Secondary amount$0$0
Funding fee$1,269$0
Note rate2.880%7.400%
Blended rate2.880%7.640%
1st payment$1,182.79$1,825.80
2nd payment$0.00$0.00
Taxes / mo$404.08$404.08
Insurance / mo$150.00$150.00
MI / mo$0.00$52.74
HOA / mo$142.00$142.00
Total monthly$1,878.87$2,574.62
Cash to close$39,114$29,300