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$242,100$251,955
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$1,211$0
Note rate3.560%7.400%
Blended rate3.560%7.640%
1st payment$1,204.99$1,744.49
2nd payment$0.00$0.00
Taxes / mo$168.75$168.75
Insurance / mo$150.00$150.00
MI / mo$0.00$50.39
HOA / mo$0.00$0.00
Total monthly$1,523.74$2,113.63
Cash to close$37,850$27,995