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$536,310
Remaining term (yrs)0.00.030.0
Secondary amount$0$536,310$0
Funding fee$0$0$0
Note rate6.740%6.740%7.400%
Blended rate6.740%7.750%7.640%
1st payment$826.87$826.87$3,713.30
2nd payment$0.00$3,463.67$0.00
Taxes / mo$496.58$496.58$496.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.26
HOA / mo$604.00$604.00$604.00
Total monthly$2,094.12$5,557.79$5,087.81
Cash to close$595,900$59,590$59,590