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$580,129$557,910
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$2,901$0
Note rate6.750%7.400%
Blended rate6.750%7.640%
1st payment$3,803.24$3,862.86
2nd payment$0.00$0.00
Taxes / mo$147.50$147.50
Insurance / mo$166.67$166.67
MI / mo$0.00$111.58
HOA / mo$0.00$0.00
Total monthly$4,117.40$4,288.60
Cash to close$39,771$61,990