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$162,514$157,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$813$0
Note rate5.300%7.320%
Blended rate5.300%7.560%
1st payment$960.68$1,081.92
2nd payment$0.00$0.00
Taxes / mo$164.00$164.00
Insurance / mo$150.00$150.00
MI / mo$0.00$31.50
HOA / mo$6.25$6.25
Total monthly$1,280.93$1,433.67
Cash to close$12,486$17,500