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$173,500$180,000
Remaining term (yrs)18.830.0
Secondary amount$0$0
Funding fee$867$0
Note rate2.600%7.400%
Blended rate2.600%7.640%
1st payment$968.43$1,246.28
2nd payment$0.00$0.00
Taxes / mo$173.32$173.32
Insurance / mo$150.00$150.00
MI / mo$0.00$36.00
HOA / mo$0.00$0.00
Total monthly$1,291.75$1,605.60
Cash to close$26,500$20,000