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$245,770$255,600
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$1,229$0
Note rate6.950%7.400%
Blended rate6.950%7.640%
1st payment$1,663.81$1,769.72
2nd payment$0.00$0.00
Taxes / mo$94.00$94.00
Insurance / mo$150.00$150.00
MI / mo$0.00$51.12
HOA / mo$0.00$0.00
Total monthly$1,907.81$2,064.84
Cash to close$38,230$28,400