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$236,962$225,000
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$1,185$0
Note rate6.840%7.400%
Blended rate6.840%7.640%
1st payment$1,571.90$1,557.85
2nd payment$0.00$0.00
Taxes / mo$115.25$115.25
Insurance / mo$150.00$150.00
MI / mo$0.00$45.00
HOA / mo$0.00$0.00
Total monthly$1,837.15$1,868.11
Cash to close$13,038$25,000