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$249,609$242,910
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$1,248$0
Note rate6.620%7.400%
Blended rate6.620%7.640%
1st payment$1,644.70$1,681.86
2nd payment$0.00$0.00
Taxes / mo$31.42$31.42
Insurance / mo$150.00$150.00
MI / mo$0.00$48.58
HOA / mo$109.67$109.67
Total monthly$1,935.79$2,021.53
Cash to close$20,291$26,990