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$616,500
Remaining term (yrs)16.616.630.0
Secondary amount$0$616,500$0
Funding fee$0$0$0
Note rate3.000%3.000%7.400%
Blended rate3.000%7.750%7.640%
1st payment$0.00$0.00$4,268.52
2nd payment$0.00$3,981.56$0.00
Taxes / mo$791.17$791.17$791.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$123.30
HOA / mo$32.50$32.50$32.50
Total monthly$990.33$4,971.90$5,382.15
Cash to close$685,000$68,500$68,500