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$266,928$274,500
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$1,335$0
Note rate6.850%7.320%
Blended rate6.850%7.560%
1st payment$1,775.75$1,885.62
2nd payment$0.00$0.00
Taxes / mo$254.17$254.17
Insurance / mo$150.00$150.00
MI / mo$0.00$54.90
HOA / mo$0.00$0.00
Total monthly$2,179.92$2,344.69
Cash to close$38,072$30,500