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$516,956$486,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,585$0
Note rate6.850%7.400%
Blended rate6.850%7.640%
1st payment$3,458.96$3,364.97
2nd payment$0.00$0.00
Taxes / mo$599.00$599.00
Insurance / mo$166.67$166.67
MI / mo$0.00$97.20
HOA / mo$0.00$0.00
Total monthly$4,224.62$4,227.83
Cash to close$23,044$54,000