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$216,118$216,000
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$1,081$0
Note rate6.780%7.320%
Blended rate6.780%7.560%
1st payment$1,431.92$1,483.77
2nd payment$0.00$0.00
Taxes / mo$451.66$451.66
Insurance / mo$150.00$150.00
MI / mo$0.00$43.20
HOA / mo$0.00$0.00
Total monthly$2,033.59$2,128.63
Cash to close$23,882$24,000