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$742,093$702,000
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$3,710$0
Note rate6.500%7.320%
Blended rate6.500%7.560%
1st payment$4,767.06$4,822.25
2nd payment$0.00$0.00
Taxes / mo$608.67$608.67
Insurance / mo$216.67$216.67
MI / mo$0.00$140.40
HOA / mo$30.00$30.00
Total monthly$5,622.39$5,817.99
Cash to close$37,907$78,000