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$231,225$240,300
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$1,156$0
Note rate5.540%7.320%
Blended rate5.540%7.560%
1st payment$1,400.20$1,650.69
2nd payment$0.00$0.00
Taxes / mo$150.25$150.25
Insurance / mo$150.00$150.00
MI / mo$0.00$48.06
HOA / mo$0.00$0.00
Total monthly$1,700.45$1,999.00
Cash to close$35,775$26,700