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$228,785$229,500
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$1,144$0
Note rate6.720%7.320%
Blended rate6.720%7.560%
1st payment$1,506.87$1,576.51
2nd payment$0.00$0.00
Taxes / mo$592.42$592.42
Insurance / mo$150.00$150.00
MI / mo$0.00$45.90
HOA / mo$0.00$0.00
Total monthly$2,249.29$2,364.82
Cash to close$26,215$25,500