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$248,143$252,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$1,241$0
Note rate7.060%7.400%
Blended rate7.060%7.640%
1st payment$1,694.61$1,744.80
2nd payment$0.00$0.00
Taxes / mo$451.82$451.82
Insurance / mo$150.00$150.00
MI / mo$0.00$50.40
HOA / mo$0.00$0.00
Total monthly$2,296.43$2,397.01
Cash to close$31,857$28,000