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$505,608$488,700
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$2,528$0
Note rate6.580%7.400%
Blended rate6.580%7.640%
1st payment$3,255.19$3,383.66
2nd payment$0.00$0.00
Taxes / mo$452.50$452.50
Insurance / mo$166.67$166.67
MI / mo$0.00$97.74
HOA / mo$75.00$75.00
Total monthly$3,949.36$4,175.57
Cash to close$37,392$54,300