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$264,200$256,500
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$1,321$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$1,748.21$1,775.95
2nd payment$0.00$0.00
Taxes / mo$184.00$184.00
Insurance / mo$150.00$150.00
MI / mo$0.00$51.30
HOA / mo$17.58$17.58
Total monthly$2,099.79$2,178.83
Cash to close$20,800$28,500