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$522,954$508,500
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$2,615$0
Note rate2.990%7.400%
Blended rate2.990%7.640%
1st payment$2,455.27$3,520.75
2nd payment$0.00$0.00
Taxes / mo$324.42$324.42
Insurance / mo$166.67$166.67
MI / mo$0.00$101.70
HOA / mo$136.67$136.67
Total monthly$3,083.02$4,250.20
Cash to close$42,046$56,500