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$233,221$225,000
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$1,166$0
Note rate5.300%7.400%
Blended rate5.300%7.640%
1st payment$1,380.71$1,557.85
2nd payment$0.00$0.00
Taxes / mo$153.75$153.75
Insurance / mo$150.00$150.00
MI / mo$0.00$45.00
HOA / mo$0.00$0.00
Total monthly$1,684.46$1,906.60
Cash to close$16,779$25,000