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$228,917$220,500
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$1,145$0
Note rate6.780%7.320%
Blended rate6.780%7.560%
1st payment$1,528.89$1,514.68
2nd payment$0.00$0.00
Taxes / mo$254.89$254.89
Insurance / mo$150.00$150.00
MI / mo$0.00$44.10
HOA / mo$0.00$0.00
Total monthly$1,933.79$1,963.67
Cash to close$16,083$24,500