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$502,587
Remaining term (yrs)29.029.030.0
Secondary amount$0$502,587$0
Funding fee$0$0$0
Note rate4.875%4.875%7.320%
Blended rate4.875%7.750%7.560%
1st payment$0.00$0.00$3,452.42
2nd payment$0.00$3,245.87$0.00
Taxes / mo$11.50$11.50$11.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.52
HOA / mo$47.00$47.00$47.00
Total monthly$225.17$3,471.04$3,778.11
Cash to close$558,430$55,843$55,843