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$513,340$449,999
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$2,567$0
Note rate3.110%7.400%
Blended rate3.110%7.640%
1st payment$2,437.09$3,115.70
2nd payment$0.00$0.00
Taxes / mo$416.67$416.67
Insurance / mo$166.67$166.67
MI / mo$0.00$90.00
HOA / mo$600.00$600.00
Total monthly$3,620.42$4,389.04
Cash to close$0$50,000