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$583,232$558,000
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$2,916$0
Note rate6.840%7.320%
Blended rate6.840%7.560%
1st payment$3,865.30$3,833.07
2nd payment$0.00$0.00
Taxes / mo$595.92$595.92
Insurance / mo$166.67$166.67
MI / mo$0.00$111.60
HOA / mo$33.00$33.00
Total monthly$4,660.88$4,740.26
Cash to close$36,768$62,000