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$235,991$238,410
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$1,180$0
Note rate6.890%7.400%
Blended rate6.890%7.640%
1st payment$1,571.80$1,650.70
2nd payment$0.00$0.00
Taxes / mo$220.75$220.75
Insurance / mo$150.00$150.00
MI / mo$0.00$47.68
HOA / mo$3.33$3.33
Total monthly$1,945.88$2,072.46
Cash to close$28,909$26,490