Dan Frey Home Loans
Call Dan

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$220,925$215,910
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$1,105$0
Note rate2.980%7.400%
Blended rate2.980%7.640%
1st payment$1,045.35$1,494.92
2nd payment$0.00$0.00
Taxes / mo$100.42$100.42
Insurance / mo$150.00$150.00
MI / mo$0.00$43.18
HOA / mo$705.00$705.00
Total monthly$2,000.77$2,493.52
Cash to close$18,975$23,990