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$187,947$188,910
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$940$0
Note rate6.090%7.400%
Blended rate6.090%7.640%
1st payment$1,164.18$1,307.97
2nd payment$0.00$0.00
Taxes / mo$174.92$174.92
Insurance / mo$150.00$150.00
MI / mo$0.00$37.78
HOA / mo$0.00$0.00
Total monthly$1,489.09$1,670.67
Cash to close$21,953$20,990