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$447,245$441,000
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$2,236$0
Note rate6.500%7.320%
Blended rate6.500%7.560%
1st payment$2,875.91$3,029.36
2nd payment$0.00$0.00
Taxes / mo$257.50$257.50
Insurance / mo$166.67$166.67
MI / mo$0.00$88.20
HOA / mo$16.00$16.00
Total monthly$3,316.08$3,557.73
Cash to close$42,755$49,000