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$472,500
Remaining term (yrs)10.810.830.0
Secondary amount$0$472,500$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$3,271.49
2nd payment$0.00$3,051.56$0.00
Taxes / mo$437.50$437.50$437.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$544.00$544.00$544.00
Total monthly$1,148.17$4,199.73$4,514.16
Cash to close$525,000$52,500$52,500