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$487,042$467,100
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$2,435$0
Note rate6.710%7.400%
Blended rate6.710%7.640%
1st payment$3,262.00$3,234.11
2nd payment$0.00$0.00
Taxes / mo$378.25$378.25
Insurance / mo$166.67$166.67
MI / mo$0.00$93.42
HOA / mo$220.00$220.00
Total monthly$4,026.92$4,092.44
Cash to close$31,958$51,900