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$451,257$432,000
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$2,256$0
Note rate6.020%7.400%
Blended rate6.020%7.640%
1st payment$2,857.53$2,991.08
2nd payment$0.00$0.00
Taxes / mo$247.00$247.00
Insurance / mo$166.67$166.67
MI / mo$0.00$86.40
HOA / mo$50.00$50.00
Total monthly$3,321.20$3,541.15
Cash to close$28,743$48,000