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$577,500$562,499
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$2,888$0
Note rate4.750%7.400%
Blended rate4.750%7.640%
1st payment$3,242.56$3,894.63
2nd payment$0.00$0.00
Taxes / mo$520.83$520.83
Insurance / mo$166.67$166.67
MI / mo$0.00$112.50
HOA / mo$24.00$24.00
Total monthly$3,954.06$4,718.63
Cash to close$47,499$62,500