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$571,500
Remaining term (yrs)——30.0
Secondary amount$0$571,500$0
Funding fee$0$0$0
Note rate2.500%2.500%7.320%
Blended rate2.500%7.750%7.560%
1st payment$0.00$0.00$3,925.81
2nd payment$0.00$3,690.94$0.00
Taxes / mo$365.83$365.83$365.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$114.30
HOA / mo$0.00$0.00$0.00
Total monthly$532.50$4,223.44$4,572.61
Cash to close$635,000$63,500$63,500