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$234,646$219,600
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$1,173$0
Note rate5.100%7.400%
Blended rate5.100%7.640%
1st payment$1,365.52$1,520.47
2nd payment$0.00$0.00
Taxes / mo$251.08$251.08
Insurance / mo$150.00$150.00
MI / mo$0.00$43.92
HOA / mo$5.92$5.92
Total monthly$1,772.52$1,971.39
Cash to close$9,354$24,400