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$248,230$242,550
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$1,241$0
Note rate6.890%7.320%
Blended rate6.890%7.560%
1st payment$1,653.31$1,666.15
2nd payment$0.00$0.00
Taxes / mo$451.58$451.58
Insurance / mo$150.00$150.00
MI / mo$0.00$48.51
HOA / mo$0.00$0.00
Total monthly$2,254.89$2,316.24
Cash to close$21,270$26,950