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$216,042$216,900
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$1,080$0
Note rate5.100%7.400%
Blended rate5.100%7.640%
1st payment$1,255.29$1,501.77
2nd payment$0.00$0.00
Taxes / mo$125.58$125.58
Insurance / mo$150.00$150.00
MI / mo$0.00$43.38
HOA / mo$0.00$0.00
Total monthly$1,530.87$1,820.74
Cash to close$24,958$24,100