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$575,509$551,700
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$2,878$0
Note rate6.920%7.400%
Blended rate6.920%7.640%
1st payment$3,884.73$3,819.86
2nd payment$0.00$0.00
Taxes / mo$510.83$510.83
Insurance / mo$166.67$166.67
MI / mo$0.00$110.34
HOA / mo$0.00$0.00
Total monthly$4,562.23$4,607.70
Cash to close$37,491$61,300