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$255,105$224,100
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$1,276$0
Note rate3.100%7.320%
Blended rate3.100%7.560%
1st payment$1,209.78$1,539.41
2nd payment$0.00$0.00
Taxes / mo$274.42$274.42
Insurance / mo$150.00$150.00
MI / mo$0.00$44.82
HOA / mo$415.00$415.00
Total monthly$2,049.19$2,423.65
Cash to close$0$24,900