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$454,297$440,910
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$2,271$0
Note rate6.750%7.400%
Blended rate6.750%7.640%
1st payment$2,978.30$3,052.77
2nd payment$0.00$0.00
Taxes / mo$419.50$419.50
Insurance / mo$166.67$166.67
MI / mo$0.00$88.18
HOA / mo$0.00$0.00
Total monthly$3,564.47$3,727.12
Cash to close$35,603$48,990