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$255,894$256,500
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$1,279$0
Note rate6.320%7.320%
Blended rate6.320%7.560%
1st payment$1,656.08$1,761.98
2nd payment$0.00$0.00
Taxes / mo$729.58$729.58
Insurance / mo$150.00$150.00
MI / mo$0.00$51.30
HOA / mo$8.33$8.33
Total monthly$2,543.99$2,701.19
Cash to close$29,106$28,500