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$507,044$481,500
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$2,535$0
Note rate6.570%7.320%
Blended rate6.570%7.560%
1st payment$3,354.21$3,307.57
2nd payment$0.00$0.00
Taxes / mo$421.42$421.42
Insurance / mo$166.67$166.67
MI / mo$0.00$96.30
HOA / mo$41.33$41.33
Total monthly$3,983.63$4,033.28
Cash to close$27,956$53,500