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$309,055$283,410
Remaining term (yrs)29.630.0
Secondary amount$0$0
Funding fee$1,545$0
Note rate6.500%7.320%
Blended rate6.500%7.560%
1st payment$1,958.78$1,946.83
2nd payment$0.00$0.00
Taxes / mo$400.00$400.00
Insurance / mo$150.00$150.00
MI / mo$0.00$56.68
HOA / mo$0.00$0.00
Total monthly$2,508.78$2,553.51
Cash to close$5,845$31,490