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$188,681$193,500
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$943$0
Note rate3.050%7.400%
Blended rate3.050%7.640%
1st payment$889.83$1,339.75
2nd payment$0.00$0.00
Taxes / mo$179.17$179.17
Insurance / mo$150.00$150.00
MI / mo$0.00$38.70
HOA / mo$0.00$0.00
Total monthly$1,219.00$1,707.62
Cash to close$26,319$21,500