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$256,078$252,000
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$1,280$0
Note rate6.670%7.400%
Blended rate6.670%7.640%
1st payment$1,708.51$1,744.80
2nd payment$0.00$0.00
Taxes / mo$162.75$162.75
Insurance / mo$150.00$150.00
MI / mo$0.00$50.40
HOA / mo$0.00$0.00
Total monthly$2,021.26$2,107.95
Cash to close$23,922$28,000