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$557,100
Remaining term (yrs)0.00.030.0
Secondary amount$0$557,100$0
Funding fee$0$0$0
Note rate8.050%8.050%7.400%
Blended rate8.050%7.750%7.640%
1st payment$1,437.64$1,437.64$3,857.25
2nd payment$0.00$3,597.94$0.00
Taxes / mo$515.83$515.83$515.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$111.42
HOA / mo$204.33$204.33$204.33
Total monthly$2,324.47$5,922.41$4,855.50
Cash to close$619,000$61,900$61,900