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$221,256$216,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$1,106$0
Note rate6.770%7.400%
Blended rate6.770%7.640%
1st payment$1,470.31$1,495.54
2nd payment$0.00$0.00
Taxes / mo$109.25$109.25
Insurance / mo$150.00$150.00
MI / mo$0.00$43.20
HOA / mo$0.00$0.00
Total monthly$1,729.56$1,797.99
Cash to close$18,744$24,000