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$526,500
Remaining term (yrs)0.00.030.0
Secondary amount$0$526,500$0
Funding fee$0$0$0
Note rate5.270%5.270%7.320%
Blended rate5.270%7.750%7.560%
1st payment$1,964.03$1,964.03$3,616.69
2nd payment$0.00$3,400.31$0.00
Taxes / mo$487.50$487.50$487.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.30
HOA / mo$617.00$617.00$617.00
Total monthly$3,235.20$6,635.51$4,993.16
Cash to close$585,000$58,500$58,500