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$416,628$414,000
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$2,083$0
Note rate5.510%7.400%
Blended rate5.510%7.640%
1st payment$2,522.69$2,866.45
2nd payment$0.00$0.00
Taxes / mo$416.17$416.17
Insurance / mo$166.67$166.67
MI / mo$0.00$82.80
HOA / mo$30.00$30.00
Total monthly$3,135.52$3,562.09
Cash to close$43,372$46,000