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$536,988$508,500
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$2,685$0
Note rate6.840%7.320%
Blended rate6.840%7.560%
1st payment$3,585.97$3,493.04
2nd payment$0.00$0.00
Taxes / mo$314.08$314.08
Insurance / mo$166.67$166.67
MI / mo$0.00$101.70
HOA / mo$0.00$0.00
Total monthly$4,066.72$4,075.49
Cash to close$28,012$56,500