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$562,491
Remaining term (yrs)28.828.830.0
Secondary amount$0$562,491$0
Funding fee$0$0$0
Note rate6.500%6.500%7.320%
Blended rate6.500%7.750%7.560%
1st payment$0.00$0.00$3,863.92
2nd payment$0.00$3,632.75$0.00
Taxes / mo$410.08$410.08$410.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.50
HOA / mo$250.67$250.67$250.67
Total monthly$827.42$4,460.17$4,803.84
Cash to close$624,990$62,499$62,499