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$405,837$395,910
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,029$0
Note rate6.500%7.320%
Blended rate6.500%7.560%
1st payment$2,623.08$2,719.63
2nd payment$0.00$0.00
Taxes / mo$130.92$130.92
Insurance / mo$150.00$150.00
MI / mo$0.00$79.18
HOA / mo$60.00$60.00
Total monthly$2,964.00$3,139.73
Cash to close$34,063$43,990