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$226,769$220,500
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$1,134$0
Note rate6.500%7.320%
Blended rate6.500%7.560%
1st payment$1,495.20$1,514.68
2nd payment$0.00$0.00
Taxes / mo$204.17$204.17
Insurance / mo$150.00$150.00
MI / mo$0.00$44.10
HOA / mo$0.00$0.00
Total monthly$1,849.37$1,912.95
Cash to close$18,231$24,500