Dan Frey Home Loans
Call Dan

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$487,527$482,400
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$2,438$0
Note rate4.720%7.400%
Blended rate4.720%7.640%
1st payment$2,733.46$3,340.04
2nd payment$0.00$0.00
Taxes / mo$464.75$464.75
Insurance / mo$166.67$166.67
MI / mo$0.00$96.48
HOA / mo$83.33$83.33
Total monthly$3,448.20$4,151.27
Cash to close$48,473$53,600