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$246,209$247,050
Remaining term (yrs)29.630.0
Secondary amount$0$0
Funding fee$1,231$0
Note rate6.460%7.400%
Blended rate6.460%7.640%
1st payment$1,554.00$1,710.52
2nd payment$0.00$0.00
Taxes / mo$228.75$228.75
Insurance / mo$150.00$150.00
MI / mo$0.00$49.41
HOA / mo$5.00$5.00
Total monthly$1,937.75$2,143.68
Cash to close$28,291$27,450