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$215,278$216,000
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$1,076$0
Note rate7.180%7.400%
Blended rate7.180%7.640%
1st payment$1,504.55$1,495.54
2nd payment$0.00$0.00
Taxes / mo$446.92$446.92
Insurance / mo$150.00$150.00
MI / mo$0.00$43.20
HOA / mo$0.00$0.00
Total monthly$2,101.47$2,135.66
Cash to close$24,722$24,000