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$225,616$216,000
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$1,128$0
Note rate3.450%7.320%
Blended rate3.450%7.560%
1st payment$1,109.58$1,483.77
2nd payment$0.00$0.00
Taxes / mo$171.67$171.67
Insurance / mo$150.00$150.00
MI / mo$0.00$43.20
HOA / mo$175.00$175.00
Total monthly$1,606.24$2,023.64
Cash to close$14,384$24,000