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$545,110$540,000
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$2,726$0
Note rate5.000%7.400%
Blended rate5.000%7.640%
1st payment$3,140.18$3,738.85
2nd payment$0.00$0.00
Taxes / mo$246.67$246.67
Insurance / mo$166.67$166.67
MI / mo$0.00$108.00
HOA / mo$80.00$80.00
Total monthly$3,633.51$4,340.18
Cash to close$54,890$60,000