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$286,117$279,000
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$1,431$0
Note rate3.100%7.400%
Blended rate3.100%7.640%
1st payment$1,356.84$1,931.74
2nd payment$0.00$0.00
Taxes / mo$134.41$134.41
Insurance / mo$150.00$150.00
MI / mo$0.00$55.80
HOA / mo$0.00$0.00
Total monthly$1,641.25$2,271.95
Cash to close$23,883$31,000