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$285,898$277,650
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$1,429$0
Note rate5.000%7.400%
Blended rate5.000%7.640%
1st payment$1,646.95$1,922.39
2nd payment$0.00$0.00
Taxes / mo$190.92$190.92
Insurance / mo$150.00$150.00
MI / mo$0.00$55.53
HOA / mo$37.00$37.00
Total monthly$2,024.87$2,355.84
Cash to close$22,602$30,850