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$159,743$162,000
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$799$0
Note rate6.360%7.320%
Blended rate6.360%7.560%
1st payment$1,021.40$1,112.83
2nd payment$0.00$0.00
Taxes / mo$11.17$11.17
Insurance / mo$150.00$150.00
MI / mo$0.00$32.40
HOA / mo$250.00$250.00
Total monthly$1,432.56$1,556.39
Cash to close$20,257$18,000