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$491,984$489,600
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$2,460$0
Note rate3.450%7.400%
Blended rate3.450%7.640%
1st payment$2,419.57$3,389.89
2nd payment$0.00$0.00
Taxes / mo$492.58$492.58
Insurance / mo$166.67$166.67
MI / mo$0.00$97.92
HOA / mo$73.00$73.00
Total monthly$3,151.82$4,220.06
Cash to close$52,016$54,400