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$481,518$468,000
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$2,408$0
Note rate7.020%7.400%
Blended rate7.020%7.640%
1st payment$3,285.11$3,240.34
2nd payment$0.00$0.00
Taxes / mo$403.83$403.83
Insurance / mo$166.67$166.67
MI / mo$0.00$93.60
HOA / mo$33.33$33.33
Total monthly$3,888.94$3,937.77
Cash to close$38,482$52,000