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$396,181$359,100
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$1,981$0
Note rate3.560%7.320%
Blended rate3.560%7.560%
1st payment$1,967.94$2,466.77
2nd payment$0.00$0.00
Taxes / mo$329.50$329.50
Insurance / mo$150.00$150.00
MI / mo$0.00$71.82
HOA / mo$429.00$429.00
Total monthly$2,876.44$3,447.09
Cash to close$2,819$39,900