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$621,289$584,100
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$3,106$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$4,086.93$4,044.19
2nd payment$0.00$0.00
Taxes / mo$740.92$740.92
Insurance / mo$166.67$166.67
MI / mo$0.00$116.82
HOA / mo$285.00$285.00
Total monthly$5,279.52$5,353.59
Cash to close$27,711$64,900