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$410,575$391,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,053$0
Note rate6.200%7.400%
Blended rate6.200%7.640%
1st payment$2,574.72$2,710.67
2nd payment$0.00$0.00
Taxes / mo$362.50$362.50
Insurance / mo$150.00$150.00
MI / mo$0.00$78.30
HOA / mo$29.17$29.17
Total monthly$3,116.39$3,330.64
Cash to close$24,425$43,500