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$461,350$450,000
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$2,307$0
Note rate6.810%7.320%
Blended rate6.810%7.560%
1st payment$3,054.13$3,091.19
2nd payment$0.00$0.00
Taxes / mo$198.00$198.00
Insurance / mo$166.67$166.67
MI / mo$0.00$90.00
HOA / mo$33.33$33.33
Total monthly$3,452.12$3,579.18
Cash to close$38,650$50,000