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$548,261$512,910
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$2,741$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$3,507.98$3,551.29
2nd payment$0.00$0.00
Taxes / mo$474.92$474.92
Insurance / mo$166.67$166.67
MI / mo$0.00$102.58
HOA / mo$513.00$513.00
Total monthly$4,662.56$4,808.45
Cash to close$21,639$56,990