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$513,000$486,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,565$0
Note rate0.000%7.400%
Blended rate0.000%7.640%
1st payment$1,425.00$3,364.97
2nd payment$0.00$0.00
Taxes / mo$509.25$509.25
Insurance / mo$166.67$166.67
MI / mo$0.00$97.20
HOA / mo$96.67$96.67
Total monthly$2,197.59$4,234.75
Cash to close$27,000$54,000