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$248,230$251,955
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$1,241$0
Note rate6.890%7.400%
Blended rate6.890%7.640%
1st payment$1,653.31$1,744.49
2nd payment$0.00$0.00
Taxes / mo$451.58$451.58
Insurance / mo$150.00$150.00
MI / mo$0.00$50.39
HOA / mo$0.00$0.00
Total monthly$2,254.89$2,396.46
Cash to close$31,720$27,995