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$120,504$121,500
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$603$0
Note rate3.850%7.320%
Blended rate3.850%7.560%
1st payment$618.83$834.62
2nd payment$0.00$0.00
Taxes / mo$113.58$113.58
Insurance / mo$150.00$150.00
MI / mo$0.00$24.30
HOA / mo$622.00$622.00
Total monthly$1,504.41$1,744.50
Cash to close$14,496$13,500