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$487,039$470,700
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$2,435$0
Note rate2.750%7.400%
Blended rate2.750%7.640%
1st payment$2,241.57$3,259.03
2nd payment$0.00$0.00
Taxes / mo$368.58$368.58
Insurance / mo$166.67$166.67
MI / mo$0.00$94.14
HOA / mo$18.75$18.75
Total monthly$2,795.57$3,907.17
Cash to close$35,961$52,300