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$237,971$229,500
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$1,190$0
Note rate6.840%7.400%
Blended rate6.840%7.640%
1st payment$1,586.08$1,589.01
2nd payment$0.00$0.00
Taxes / mo$137.17$137.17
Insurance / mo$150.00$150.00
MI / mo$0.00$45.90
HOA / mo$0.00$0.00
Total monthly$1,873.24$1,922.08
Cash to close$17,029$25,500