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$567,000
Remaining term (yrs)0.00.030.0
Secondary amount$0$567,000$0
Funding fee$0$0$0
Note rate7.500%7.500%7.400%
Blended rate7.500%7.750%7.640%
1st payment$1,112.59$1,112.59$3,925.79
2nd payment$0.00$3,661.88$0.00
Taxes / mo$525.00$525.00$525.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,804.26$5,466.13$4,730.86
Cash to close$630,000$63,000$63,000