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$292,000$297,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$1,460$0
Note rate6.120%7.400%
Blended rate6.120%7.640%
1st payment$1,857.69$2,056.37
2nd payment$0.00$0.00
Taxes / mo$275.00$275.00
Insurance / mo$150.00$150.00
MI / mo$0.00$59.40
HOA / mo$0.00$0.00
Total monthly$2,282.69$2,540.77
Cash to close$38,000$33,000