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$571,780$553,500
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$2,859$0
Note rate5.500%7.400%
Blended rate5.500%7.640%
1st payment$3,343.20$3,832.32
2nd payment$0.00$0.00
Taxes / mo$512.50$512.50
Insurance / mo$166.67$166.67
MI / mo$0.00$110.70
HOA / mo$404.00$404.00
Total monthly$4,426.37$5,026.19
Cash to close$43,220$61,500