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$481,500
Remaining term (yrs)0.00.030.0
Secondary amount$0$481,500$0
Funding fee$0$0$0
Note rate5.510%5.510%7.400%
Blended rate5.510%7.750%7.640%
1st payment$1,403.88$1,403.88$3,333.81
2nd payment$0.00$3,109.69$0.00
Taxes / mo$243.92$243.92$243.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.30
HOA / mo$120.00$120.00$120.00
Total monthly$1,934.47$5,044.16$3,960.69
Cash to close$535,000$53,500$53,500