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$314,500$315,000
Remaining term (yrs)24.830.0
Secondary amount$0$0
Funding fee$1,572$0
Note rate2.930%7.320%
Blended rate2.930%7.560%
1st payment$1,483.33$2,163.83
2nd payment$0.00$0.00
Taxes / mo$234.92$234.92
Insurance / mo$150.00$150.00
MI / mo$0.00$63.00
HOA / mo$0.00$0.00
Total monthly$1,868.24$2,611.75
Cash to close$35,500$35,000