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$624,814$603,000
Remaining term (yrs)27.830.0
Secondary amount$0$0
Funding fee$3,124$0
Note rate6.780%7.400%
Blended rate6.780%7.640%
1st payment$4,160.33$4,175.05
2nd payment$0.00$0.00
Taxes / mo$297.92$297.92
Insurance / mo$166.67$166.67
MI / mo$0.00$120.60
HOA / mo$150.00$150.00
Total monthly$4,774.91$4,910.23
Cash to close$45,186$67,000