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$181,590$180,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$908$0
Note rate6.270%7.400%
Blended rate6.270%7.640%
1st payment$1,172.34$1,246.28
2nd payment$0.00$0.00
Taxes / mo$54.92$54.92
Insurance / mo$150.00$150.00
MI / mo$0.00$36.00
HOA / mo$230.00$230.00
Total monthly$1,607.25$1,717.20
Cash to close$18,410$20,000