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$500,045$494,100
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$2,500$0
Note rate6.610%7.320%
Blended rate6.610%7.560%
1st payment$3,295.15$3,394.12
2nd payment$0.00$0.00
Taxes / mo$451.25$451.25
Insurance / mo$166.67$166.67
MI / mo$0.00$98.82
HOA / mo$235.00$235.00
Total monthly$4,148.07$4,345.86
Cash to close$48,955$54,900