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$507,242$503,910
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$2,536$0
Note rate5.300%7.400%
Blended rate5.300%7.640%
1st payment$3,002.97$3,488.97
2nd payment$0.00$0.00
Taxes / mo$288.25$288.25
Insurance / mo$166.67$166.67
MI / mo$0.00$100.78
HOA / mo$54.17$54.17
Total monthly$3,512.05$4,098.84
Cash to close$52,658$55,990