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$396,134$377,550
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$1,981$0
Note rate6.270%7.400%
Blended rate6.270%7.640%
1st payment$2,560.57$2,614.08
2nd payment$0.00$0.00
Taxes / mo$251.75$251.75
Insurance / mo$150.00$150.00
MI / mo$0.00$75.51
HOA / mo$16.67$16.67
Total monthly$2,978.99$3,108.01
Cash to close$23,366$41,950