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$196,373$197,100
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$982$0
Note rate6.940%7.320%
Blended rate6.940%7.560%
1st payment$1,332.04$1,353.94
2nd payment$0.00$0.00
Taxes / mo$182.50$182.50
Insurance / mo$150.00$150.00
MI / mo$0.00$39.42
HOA / mo$87.00$87.00
Total monthly$1,751.54$1,812.86
Cash to close$22,627$21,900