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$340,875$342,000
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$1,704$0
Note rate3.850%7.400%
Blended rate3.850%7.640%
1st payment$1,750.51$2,367.94
2nd payment$0.00$0.00
Taxes / mo$171.83$171.83
Insurance / mo$150.00$150.00
MI / mo$0.00$68.40
HOA / mo$0.00$0.00
Total monthly$2,072.34$2,758.17
Cash to close$39,125$38,000