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$246,705$247,500
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$1,234$0
Note rate6.190%7.400%
Blended rate6.190%7.640%
1st payment$1,522.82$1,713.64
2nd payment$0.00$0.00
Taxes / mo$0.03$0.03
Insurance / mo$150.00$150.00
MI / mo$0.00$49.50
HOA / mo$0.00$0.00
Total monthly$1,672.85$1,913.17
Cash to close$28,295$27,500