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$429,503$413,910
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,148$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$2,776.04$2,865.83
2nd payment$0.00$0.00
Taxes / mo$508.55$508.55
Insurance / mo$166.67$166.67
MI / mo$0.00$82.78
HOA / mo$103.33$103.33
Total monthly$3,554.59$3,727.16
Cash to close$30,397$45,990