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$661,500
Remaining term (yrs)9.99.930.0
Secondary amount$0$661,500$0
Funding fee$0$0$0
Note rate3.000%3.000%7.400%
Blended rate3.000%7.750%7.640%
1st payment$0.00$0.00$4,580.09
2nd payment$0.00$4,272.19$0.00
Taxes / mo$612.50$612.50$612.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$132.30
HOA / mo$552.00$552.00$552.00
Total monthly$1,381.17$5,653.35$6,093.56
Cash to close$735,000$73,500$73,500