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$512,550
Remaining term (yrs)29.729.730.0
Secondary amount$0$512,550$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$3,548.79
2nd payment$0.00$3,310.22$0.00
Taxes / mo$474.58$474.58$474.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.51
HOA / mo$125.00$125.00$125.00
Total monthly$766.25$4,076.47$4,417.55
Cash to close$569,500$56,950$56,950