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$646,200
Remaining term (yrs)27.427.430.0
Secondary amount$0$646,200$0
Funding fee$0$0$0
Note rate6.500%6.500%7.320%
Blended rate6.500%7.750%7.560%
1st payment$0.00$0.00$4,438.95
2nd payment$0.00$4,173.38$0.00
Taxes / mo$598.33$598.33$598.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.24
HOA / mo$117.00$117.00$117.00
Total monthly$932.00$5,105.38$5,500.19
Cash to close$718,000$71,800$71,800