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$436,210$432,000
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$2,181$0
Note rate3.850%7.320%
Blended rate3.850%7.560%
1st payment$2,231.53$2,967.54
2nd payment$0.00$0.00
Taxes / mo$965.50$965.50
Insurance / mo$166.67$166.67
MI / mo$0.00$86.40
HOA / mo$100.00$100.00
Total monthly$3,463.69$4,286.11
Cash to close$43,790$48,000