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$197,542$206,910
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$988$0
Note rate6.840%7.400%
Blended rate6.840%7.640%
1st payment$1,309.18$1,432.60
2nd payment$0.00$0.00
Taxes / mo$191.58$191.58
Insurance / mo$150.00$150.00
MI / mo$0.00$41.38
HOA / mo$0.00$0.00
Total monthly$1,650.77$1,815.57
Cash to close$32,358$22,990