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$249,194$247,500
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$1,246$0
Note rate6.870%7.320%
Blended rate6.870%7.560%
1st payment$1,661.06$1,700.15
2nd payment$0.00$0.00
Taxes / mo$143.83$143.83
Insurance / mo$150.00$150.00
MI / mo$0.00$49.50
HOA / mo$135.00$135.00
Total monthly$2,089.89$2,178.49
Cash to close$25,806$27,500