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$629,100
Remaining term (yrs)——30.0
Secondary amount$0$629,100$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$4,355.76
2nd payment$0.00$4,062.94$0.00
Taxes / mo$582.50$582.50$582.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.82
HOA / mo$137.00$137.00$137.00
Total monthly$886.17$4,949.10$5,367.75
Cash to close$699,000$69,900$69,900