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$615,600
Remaining term (yrs)13.013.030.0
Secondary amount$0$615,600$0
Funding fee$0$0$0
Note rate3.000%3.000%7.320%
Blended rate3.000%7.750%7.560%
1st payment$0.00$0.00$4,228.74
2nd payment$0.00$3,975.75$0.00
Taxes / mo$570.00$570.00$570.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$123.12
HOA / mo$250.00$250.00$250.00
Total monthly$986.67$4,962.42$5,338.53
Cash to close$684,000$68,400$68,400