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$225,070$215,550
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$1,125$0
Note rate6.580%7.400%
Blended rate6.580%7.640%
1st payment$1,451.82$1,492.42
2nd payment$0.00$0.00
Taxes / mo$11.00$11.00
Insurance / mo$150.00$150.00
MI / mo$0.00$43.11
HOA / mo$0.00$0.00
Total monthly$1,612.82$1,696.53
Cash to close$14,430$23,950