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$195,842$184,950
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$979$0
Note rate6.500%7.320%
Blended rate6.500%7.560%
1st payment$1,265.80$1,270.48
2nd payment$0.00$0.00
Taxes / mo$171.25$171.25
Insurance / mo$150.00$150.00
MI / mo$0.00$36.99
HOA / mo$0.00$0.00
Total monthly$1,587.05$1,628.72
Cash to close$9,658$20,550