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$504,533$477,000
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$2,523$0
Note rate6.720%7.400%
Blended rate6.720%7.640%
1st payment$3,297.69$3,302.65
2nd payment$0.00$0.00
Taxes / mo$318.33$318.33
Insurance / mo$166.67$166.67
MI / mo$0.00$95.40
HOA / mo$85.00$85.00
Total monthly$3,867.69$3,968.05
Cash to close$25,467$53,000