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$555,221$540,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$2,776$0
Note rate6.950%7.400%
Blended rate6.950%7.640%
1st payment$3,777.41$3,738.85
2nd payment$0.00$0.00
Taxes / mo$500.00$500.00
Insurance / mo$166.67$166.67
MI / mo$0.00$108.00
HOA / mo$348.00$348.00
Total monthly$4,792.07$4,861.52
Cash to close$44,779$60,000