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$624,557$585,000
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$3,123$0
Note rate2.880%7.400%
Blended rate2.880%7.640%
1st payment$2,922.89$4,050.42
2nd payment$0.00$0.00
Taxes / mo$709.58$709.58
Insurance / mo$166.67$166.67
MI / mo$0.00$117.00
HOA / mo$90.00$90.00
Total monthly$3,889.14$5,133.67
Cash to close$25,443$65,000