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$472,735$468,000
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$2,364$0
Note rate3.100%7.400%
Blended rate3.100%7.640%
1st payment$2,241.84$3,240.34
2nd payment$0.00$0.00
Taxes / mo$455.83$455.83
Insurance / mo$166.67$166.67
MI / mo$0.00$93.60
HOA / mo$0.00$0.00
Total monthly$2,864.34$3,956.44
Cash to close$47,265$52,000