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$498,195$459,000
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$2,491$0
Note rate5.220%7.400%
Blended rate5.220%7.640%
1st payment$2,916.84$3,178.02
2nd payment$0.00$0.00
Taxes / mo$384.17$384.17
Insurance / mo$166.67$166.67
MI / mo$0.00$91.80
HOA / mo$40.67$40.67
Total monthly$3,508.34$3,861.33
Cash to close$11,805$51,000