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$193,934$188,910
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$970$0
Note rate6.880%7.400%
Blended rate6.880%7.640%
1st payment$1,309.22$1,307.97
2nd payment$0.00$0.00
Taxes / mo$113.58$113.58
Insurance / mo$150.00$150.00
MI / mo$0.00$37.78
HOA / mo$0.00$0.00
Total monthly$1,572.80$1,609.34
Cash to close$15,966$20,990