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$416,812$414,000
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$2,084$0
Note rate6.810%7.320%
Blended rate6.810%7.560%
1st payment$2,815.47$2,843.89
2nd payment$0.00$0.00
Taxes / mo$376.75$376.75
Insurance / mo$166.67$166.67
MI / mo$0.00$82.80
HOA / mo$85.00$85.00
Total monthly$3,443.89$3,555.11
Cash to close$43,188$46,000