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$263,729$268,650
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$1,319$0
Note rate3.250%7.320%
Blended rate3.250%7.560%
1st payment$1,268.87$1,845.44
2nd payment$0.00$0.00
Taxes / mo$192.67$192.67
Insurance / mo$150.00$150.00
MI / mo$0.00$53.73
HOA / mo$75.00$75.00
Total monthly$1,686.53$2,316.84
Cash to close$34,771$29,850