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$203,874$193,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$1,019$0
Note rate6.850%7.320%
Blended rate6.850%7.560%
1st payment$1,365.47$1,329.21
2nd payment$0.00$0.00
Taxes / mo$50.25$50.25
Insurance / mo$150.00$150.00
MI / mo$0.00$38.70
HOA / mo$328.00$328.00
Total monthly$1,893.72$1,896.16
Cash to close$11,126$21,500