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$450,820$450,000
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$2,254$0
Note rate6.500%7.400%
Blended rate6.500%7.640%
1st payment$2,873.38$3,115.71
2nd payment$0.00$0.00
Taxes / mo$144.08$144.08
Insurance / mo$166.67$166.67
MI / mo$0.00$90.00
HOA / mo$0.00$0.00
Total monthly$3,184.13$3,516.46
Cash to close$49,180$50,000