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$621,320$607,500
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$3,107$0
Note rate6.950%7.400%
Blended rate6.950%7.640%
1st payment$4,295.00$4,206.21
2nd payment$0.00$0.00
Taxes / mo$388.75$388.75
Insurance / mo$166.67$166.67
MI / mo$0.00$121.50
HOA / mo$8.33$8.33
Total monthly$4,858.74$4,891.45
Cash to close$53,680$67,500