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$219,844$215,910
Remaining term (yrs)24.130.0
Secondary amount$0$0
Funding fee$1,099$0
Note rate2.870%7.400%
Blended rate2.870%7.640%
1st payment$1,049.50$1,494.92
2nd payment$0.00$0.00
Taxes / mo$162.40$162.40
Insurance / mo$150.00$150.00
MI / mo$0.00$43.18
HOA / mo$519.00$519.00
Total monthly$1,880.89$2,369.50
Cash to close$20,056$23,990