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$511,510$481,500
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$2,558$0
Note rate6.270%7.400%
Blended rate6.270%7.640%
1st payment$3,290.25$3,333.81
2nd payment$0.00$0.00
Taxes / mo$83.58$83.58
Insurance / mo$166.67$166.67
MI / mo$0.00$96.30
HOA / mo$50.67$50.67
Total monthly$3,591.17$3,731.03
Cash to close$23,490$53,500