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$248,186$251,910
Remaining term (yrs)26.230.0
Secondary amount$0$0
Funding fee$1,241$0
Note rate6.490%7.400%
Blended rate6.490%7.640%
1st payment$1,640.67$1,744.17
2nd payment$0.00$0.00
Taxes / mo$170.42$170.42
Insurance / mo$150.00$150.00
MI / mo$0.00$50.38
HOA / mo$0.00$0.00
Total monthly$1,961.09$2,114.97
Cash to close$31,714$27,990