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$485,820
Remaining term (yrs)29.729.730.0
Secondary amount$0$485,820$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate6.500%7.750%7.640%
1st payment$0.00$0.00$3,363.72
2nd payment$0.00$3,137.59$0.00
Taxes / mo$215.83$215.83$215.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.16
HOA / mo$0.00$0.00$0.00
Total monthly$382.50$3,520.09$3,843.38
Cash to close$539,800$53,980$53,980