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$592,006$539,100
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$2,960$0
Note rate3.550%7.400%
Blended rate3.550%7.640%
1st payment$2,908.58$3,732.62
2nd payment$0.00$0.00
Taxes / mo$499.17$499.17
Insurance / mo$166.67$166.67
MI / mo$0.00$107.82
HOA / mo$0.00$0.00
Total monthly$3,574.41$4,506.27
Cash to close$6,994$59,900