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$409,180$400,500
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$2,046$0
Note rate6.710%7.400%
Blended rate6.710%7.640%
1st payment$2,740.52$2,772.98
2nd payment$0.00$0.00
Taxes / mo$0.33$0.33
Insurance / mo$150.00$150.00
MI / mo$0.00$80.10
HOA / mo$145.00$145.00
Total monthly$3,035.85$3,148.41
Cash to close$35,820$44,500