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$204,872$202,500
Remaining term (yrs)25.030.0
Secondary amount$0$0
Funding fee$1,024$0
Note rate2.880%7.400%
Blended rate2.880%7.640%
1st payment$954.45$1,402.07
2nd payment$0.00$0.00
Taxes / mo$261.25$261.25
Insurance / mo$150.00$150.00
MI / mo$0.00$40.50
HOA / mo$179.00$179.00
Total monthly$1,544.70$2,032.82
Cash to close$20,128$22,500