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$514,710$504,000
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$2,574$0
Note rate5.230%7.320%
Blended rate5.230%7.560%
1st payment$3,030.31$3,462.13
2nd payment$0.00$0.00
Taxes / mo$238.83$238.83
Insurance / mo$166.67$166.67
MI / mo$0.00$100.80
HOA / mo$0.00$0.00
Total monthly$3,435.81$3,968.43
Cash to close$45,290$56,000