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$517,500
Remaining term (yrs)0.00.030.0
Secondary amount$0$517,500$0
Funding fee$0$0$0
Note rate8.680%8.680%7.400%
Blended rate8.680%7.750%7.640%
1st payment$664.45$664.45$3,583.07
2nd payment$0.00$3,342.19$0.00
Taxes / mo$285.75$285.75$285.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$116.67$116.67$116.67
Total monthly$1,233.54$4,575.72$4,255.65
Cash to close$575,000$57,500$57,500