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$398,663$387,000
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$1,993$0
Note rate6.500%7.320%
Blended rate6.500%7.560%
1st payment$2,631.68$2,658.42
2nd payment$0.00$0.00
Taxes / mo$345.50$345.50
Insurance / mo$150.00$150.00
MI / mo$0.00$77.40
HOA / mo$0.00$0.00
Total monthly$3,127.18$3,231.32
Cash to close$31,337$43,000