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$243,955$252,000
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$1,220$0
Note rate5.100%7.400%
Blended rate5.100%7.640%
1st payment$1,421.92$1,744.80
2nd payment$0.00$0.00
Taxes / mo$162.33$162.33
Insurance / mo$150.00$150.00
MI / mo$0.00$50.40
HOA / mo$0.00$0.00
Total monthly$1,734.25$2,107.53
Cash to close$36,045$28,000