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$510,855$477,000
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$2,554$0
Note rate6.260%7.320%
Blended rate6.260%7.560%
1st payment$3,179.58$3,276.66
2nd payment$0.00$0.00
Taxes / mo$455.17$455.17
Insurance / mo$166.67$166.67
MI / mo$0.00$95.40
HOA / mo$50.00$50.00
Total monthly$3,851.41$4,043.89
Cash to close$19,145$53,000