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$503,813$495,000
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$2,519$0
Note rate5.100%7.400%
Blended rate5.100%7.640%
1st payment$2,931.93$3,427.28
2nd payment$0.00$0.00
Taxes / mo$458.67$458.67
Insurance / mo$166.67$166.67
MI / mo$0.00$99.00
HOA / mo$52.00$52.00
Total monthly$3,609.26$4,203.61
Cash to close$46,187$55,000