Dan Frey Home Loans
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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$720,595$652,500
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$3,603$0
Note rate3.120%7.400%
Blended rate3.120%7.640%
1st payment$3,424.83$4,517.78
2nd payment$0.00$0.00
Taxes / mo$219.76$219.76
Insurance / mo$216.67$216.67
MI / mo$0.00$130.50
HOA / mo$100.00$100.00
Total monthly$3,961.25$5,184.70
Cash to close$4,405$72,500