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
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$0$0$535,500
Remaining term (yrs)0.00.030.0
Secondary amount$0$535,500$0
Funding fee$0$0$0
Note rate4.860%4.860%7.400%
Blended rate4.860%7.750%7.640%
1st payment$720.45$720.45$3,707.69
2nd payment$0.00$3,458.44$0.00
Taxes / mo$391.25$391.25$391.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.10
HOA / mo$61.67$61.67$61.67
Total monthly$1,340.03$4,798.47$4,434.38
Cash to close$595,000$59,500$59,500