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$475,565$427,500
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$2,378$0
Note rate3.050%7.400%
Blended rate3.050%7.640%
1st payment$2,242.79$2,959.92
2nd payment$0.00$0.00
Taxes / mo$555.08$555.08
Insurance / mo$166.67$166.67
MI / mo$0.00$85.50
HOA / mo$45.33$45.33
Total monthly$3,009.87$3,812.50
Cash to close$0$47,500