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$231,850$66,600
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$1,159$0
Note rate6.200%7.400%
Blended rate6.200%7.640%
1st payment$1,452.34$461.12
2nd payment$0.00$0.00
Taxes / mo$67.42$67.42
Insurance / mo$150.00$150.00
MI / mo$0.00$13.32
HOA / mo$204.00$204.00
Total monthly$1,873.76$895.86
Cash to close$0$7,400