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$561,501$539,910
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$2,808$0
Note rate5.230%7.400%
Blended rate5.230%7.640%
1st payment$3,305.79$3,738.23
2nd payment$0.00$0.00
Taxes / mo$499.92$499.92
Insurance / mo$166.67$166.67
MI / mo$0.00$107.98
HOA / mo$0.00$0.00
Total monthly$3,972.38$4,512.79
Cash to close$38,399$59,990