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$518,036$503,595
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$2,590$0
Note rate6.780%7.400%
Blended rate6.780%7.640%
1st payment$3,463.43$3,486.79
2nd payment$0.00$0.00
Taxes / mo$42.83$42.83
Insurance / mo$166.67$166.67
MI / mo$0.00$100.72
HOA / mo$320.00$320.00
Total monthly$3,992.93$4,117.01
Cash to close$41,514$55,955