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$220,695$220,050
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$1,103$0
Note rate6.930%7.400%
Blended rate6.930%7.640%
1st payment$1,481.21$1,523.58
2nd payment$0.00$0.00
Taxes / mo$117.25$117.25
Insurance / mo$150.00$150.00
MI / mo$0.00$44.01
HOA / mo$25.00$25.00
Total monthly$1,773.46$1,859.84
Cash to close$23,805$24,450