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$620,390$584,100
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$3,102$0
Note rate5.100%7.320%
Blended rate5.100%7.560%
1st payment$3,610.34$4,012.36
2nd payment$0.00$0.00
Taxes / mo$540.83$540.83
Insurance / mo$166.67$166.67
MI / mo$0.00$116.82
HOA / mo$660.00$660.00
Total monthly$4,977.84$5,496.68
Cash to close$28,610$64,900