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$506,638$494,100
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,533$0
Note rate6.780%7.400%
Blended rate6.780%7.640%
1st payment$3,370.07$3,421.05
2nd payment$0.00$0.00
Taxes / mo$838.25$838.25
Insurance / mo$166.67$166.67
MI / mo$0.00$98.82
HOA / mo$12.50$12.50
Total monthly$4,387.49$4,537.29
Cash to close$42,362$54,900