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$236,438$243,000
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$1,182$0
Note rate6.990%7.400%
Blended rate6.990%7.640%
1st payment$1,608.41$1,682.48
2nd payment$0.00$0.00
Taxes / mo$145.17$145.17
Insurance / mo$150.00$150.00
MI / mo$0.00$48.60
HOA / mo$0.00$0.00
Total monthly$1,903.57$2,026.25
Cash to close$33,562$27,000