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$251,412$206,100
Remaining term (yrs)25.130.0
Secondary amount$0$0
Funding fee$1,257$0
Note rate2.980%7.400%
Blended rate2.980%7.640%
1st payment$1,181.68$1,426.99
2nd payment$0.00$0.00
Taxes / mo$127.58$127.58
Insurance / mo$150.00$150.00
MI / mo$0.00$41.22
HOA / mo$276.00$276.00
Total monthly$1,735.26$2,021.80
Cash to close$0$22,900