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$317,498$324,000
Remaining term (yrs)24.830.0
Secondary amount$0$0
Funding fee$1,587$0
Note rate2.980%7.400%
Blended rate2.980%7.640%
1st payment$1,505.69$2,243.31
2nd payment$0.00$0.00
Taxes / mo$156.50$156.50
Insurance / mo$150.00$150.00
MI / mo$0.00$64.80
HOA / mo$0.00$0.00
Total monthly$1,812.19$2,614.61
Cash to close$42,502$36,000