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$586,511$540,000
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$2,933$0
Note rate6.430%7.400%
Blended rate6.430%7.640%
1st payment$3,827.58$3,738.85
2nd payment$0.00$0.00
Taxes / mo$336.50$336.50
Insurance / mo$166.67$166.67
MI / mo$0.00$108.00
HOA / mo$33.00$33.00
Total monthly$4,363.74$4,383.02
Cash to close$13,489$60,000