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$501,355$472,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$2,507$0
Note rate6.350%7.400%
Blended rate6.350%7.640%
1st payment$3,192.07$3,271.49
2nd payment$0.00$0.00
Taxes / mo$509.25$509.25
Insurance / mo$166.67$166.67
MI / mo$0.00$94.50
HOA / mo$96.67$96.67
Total monthly$3,964.66$4,138.58
Cash to close$23,645$52,500