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$607,433$558,000
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$3,037$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$3,938.51$3,863.48
2nd payment$0.00$0.00
Taxes / mo$197.33$197.33
Insurance / mo$166.67$166.67
MI / mo$0.00$111.60
HOA / mo$0.00$0.00
Total monthly$4,302.51$4,339.08
Cash to close$12,567$62,000