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$534,661$508,500
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$2,673$0
Note rate3.560%7.400%
Blended rate3.560%7.640%
1st payment$2,661.13$3,520.75
2nd payment$0.00$0.00
Taxes / mo$305.00$305.00
Insurance / mo$166.67$166.67
MI / mo$0.00$101.70
HOA / mo$10.00$10.00
Total monthly$3,142.80$4,104.12
Cash to close$30,339$56,500