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$514,547$481,050
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$2,573$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$3,312.04$3,330.69
2nd payment$0.00$0.00
Taxes / mo$291.90$291.90
Insurance / mo$166.67$166.67
MI / mo$0.00$96.21
HOA / mo$0.00$0.00
Total monthly$3,770.61$3,885.47
Cash to close$19,953$53,450