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$212,209$216,000
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$1,061$0
Note rate6.500%7.320%
Blended rate6.500%7.560%
1st payment$1,355.15$1,483.77
2nd payment$0.00$0.00
Taxes / mo$190.92$190.92
Insurance / mo$150.00$150.00
MI / mo$0.00$43.20
HOA / mo$0.00$0.00
Total monthly$1,696.07$1,867.89
Cash to close$27,791$24,000