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$475,001$396,000
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$2,375$0
Note rate3.760%7.400%
Blended rate3.760%7.640%
1st payment$2,411.15$2,741.82
2nd payment$0.00$0.00
Taxes / mo$223.92$223.92
Insurance / mo$150.00$150.00
MI / mo$0.00$79.20
HOA / mo$100.00$100.00
Total monthly$2,885.07$3,294.94
Cash to close$0$44,000