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$652,499
Remaining term (yrs)——30.0
Secondary amount$0$652,499$0
Funding fee$0$0$0
Note rate2.750%2.750%7.400%
Blended rate2.750%7.750%7.640%
1st payment$0.00$0.00$4,517.77
2nd payment$0.00$4,214.06$0.00
Taxes / mo$203.08$203.08$203.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$130.50
HOA / mo$0.00$0.00$0.00
Total monthly$419.75$4,633.81$5,068.02
Cash to close$724,999$72,500$72,500