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$515,391$504,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,577$0
Note rate6.950%7.400%
Blended rate6.950%7.640%
1st payment$3,482.32$3,489.59
2nd payment$0.00$0.00
Taxes / mo$466.67$466.67
Insurance / mo$166.67$166.67
MI / mo$0.00$100.80
HOA / mo$0.00$0.00
Total monthly$4,115.66$4,223.73
Cash to close$44,609$56,000