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$488,796$481,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$2,444$0
Note rate5.220%7.400%
Blended rate5.220%7.640%
1st payment$2,861.80$3,333.81
2nd payment$0.00$0.00
Taxes / mo$440.67$440.67
Insurance / mo$166.67$166.67
MI / mo$0.00$96.30
HOA / mo$58.33$58.33
Total monthly$3,527.47$4,095.77
Cash to close$46,204$53,500