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$407,197$369,000
Remaining term (yrs)29.330.0
Secondary amount$0$0
Funding fee$2,036$0
Note rate6.180%7.400%
Blended rate6.180%7.640%
1st payment$2,505.80$2,554.88
2nd payment$0.00$0.00
Taxes / mo$171.92$171.92
Insurance / mo$150.00$150.00
MI / mo$0.00$73.80
HOA / mo$0.00$0.00
Total monthly$2,827.72$2,950.60
Cash to close$2,803$41,000