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$518,436$490,500
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$2,592$0
Note rate5.780%7.400%
Blended rate5.780%7.640%
1st payment$3,219.55$3,396.12
2nd payment$0.00$0.00
Taxes / mo$291.67$291.67
Insurance / mo$166.67$166.67
MI / mo$0.00$98.10
HOA / mo$130.00$130.00
Total monthly$3,807.89$4,082.56
Cash to close$26,564$54,500