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$214,990$219,600
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$1,075$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$1,371.59$1,520.47
2nd payment$0.00$0.00
Taxes / mo$117.33$117.33
Insurance / mo$150.00$150.00
MI / mo$0.00$43.92
HOA / mo$179.00$179.00
Total monthly$1,817.92$2,010.72
Cash to close$29,010$24,400