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$485,192$480,600
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$2,426$0
Note rate3.100%7.320%
Blended rate3.100%7.560%
1st payment$2,305.89$3,301.39
2nd payment$0.00$0.00
Taxes / mo$345.92$345.92
Insurance / mo$166.67$166.67
MI / mo$0.00$96.12
HOA / mo$0.00$0.00
Total monthly$2,818.47$3,910.09
Cash to close$48,808$53,400