Dan Frey Home Loans
Call Dan

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$261,221$198,000
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$1,306$0
Note rate6.270%7.320%
Blended rate6.270%7.560%
1st payment$1,625.91$1,360.12
2nd payment$0.00$0.00
Taxes / mo$260.42$260.42
Insurance / mo$150.00$150.00
MI / mo$0.00$39.60
HOA / mo$190.00$190.00
Total monthly$2,226.32$2,000.14
Cash to close$0$22,000