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$196,922$168,750
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$985$0
Note rate3.560%7.400%
Blended rate3.560%7.640%
1st payment$980.13$1,168.39
2nd payment$0.00$0.00
Taxes / mo$57.67$57.67
Insurance / mo$150.00$150.00
MI / mo$0.00$33.75
HOA / mo$0.00$0.00
Total monthly$1,187.79$1,409.81
Cash to close$0$18,750