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$455,000$423,000
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$2,275$0
Note rate0.000%7.400%
Blended rate0.000%7.640%
1st payment$1,263.89$2,928.77
2nd payment$0.00$0.00
Taxes / mo$227.17$227.17
Insurance / mo$166.67$166.67
MI / mo$0.00$84.60
HOA / mo$0.00$0.00
Total monthly$1,657.72$3,407.20
Cash to close$15,000$47,000