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$309,155$283,491
Remaining term (yrs)29.630.0
Secondary amount$0$0
Funding fee$1,546$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$1,959.41$1,962.83
2nd payment$0.00$0.00
Taxes / mo$262.49$262.49
Insurance / mo$150.00$150.00
MI / mo$0.00$56.70
HOA / mo$157.00$157.00
Total monthly$2,528.90$2,589.02
Cash to close$5,835$31,499