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$260,419$247,500
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$1,302$0
Note rate3.050%7.400%
Blended rate3.050%7.640%
1st payment$1,230.83$1,713.64
2nd payment$0.00$0.00
Taxes / mo$65.25$65.25
Insurance / mo$150.00$150.00
MI / mo$0.00$49.50
HOA / mo$0.00$0.00
Total monthly$1,446.08$1,978.39
Cash to close$14,581$27,500