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$598,883$562,499
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$2,994$0
Note rate6.630%7.400%
Blended rate6.630%7.640%
1st payment$3,897.75$3,894.63
2nd payment$0.00$0.00
Taxes / mo$520.83$520.83
Insurance / mo$166.67$166.67
MI / mo$0.00$112.50
HOA / mo$373.00$373.00
Total monthly$4,958.25$5,067.63
Cash to close$26,116$62,500