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$267,446$223,200
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$1,337$0
Note rate3.110%7.400%
Blended rate3.110%7.640%
1st payment$1,269.71$1,545.39
2nd payment$0.00$0.00
Taxes / mo$145.00$145.00
Insurance / mo$150.00$150.00
MI / mo$0.00$44.64
HOA / mo$210.00$210.00
Total monthly$1,774.71$2,095.03
Cash to close$0$24,800