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$700,073$652,500
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$3,500$0
Note rate6.760%7.400%
Blended rate6.760%7.640%
1st payment$4,602.76$4,517.78
2nd payment$0.00$0.00
Taxes / mo$604.17$604.17
Insurance / mo$216.67$216.67
MI / mo$0.00$130.50
HOA / mo$125.00$125.00
Total monthly$5,548.59$5,594.11
Cash to close$24,927$72,500