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$541,647$535,500
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$2,708$0
Note rate3.050%7.320%
Blended rate3.050%7.560%
1st payment$2,548.91$3,678.51
2nd payment$0.00$0.00
Taxes / mo$495.83$495.83
Insurance / mo$166.67$166.67
MI / mo$0.00$107.10
HOA / mo$383.00$383.00
Total monthly$3,594.41$4,831.11
Cash to close$53,353$59,500