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$274,987$274,500
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$1,375$0
Note rate3.110%7.400%
Blended rate3.110%7.640%
1st payment$1,308.33$1,900.58
2nd payment$0.00$0.00
Taxes / mo$600.58$600.58
Insurance / mo$150.00$150.00
MI / mo$0.00$54.90
HOA / mo$95.33$95.33
Total monthly$2,154.24$2,801.40
Cash to close$30,013$30,500