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$291,613$281,250
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$1,458$0
Note rate6.960%7.400%
Blended rate6.960%7.640%
1st payment$1,996.07$1,947.32
2nd payment$0.00$0.00
Taxes / mo$260.42$260.42
Insurance / mo$150.00$150.00
MI / mo$0.00$56.25
HOA / mo$10.83$10.83
Total monthly$2,417.32$2,424.81
Cash to close$20,887$31,250