Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$495,000
Remaining term (yrs)0.00.030.0
Secondary amount$0$495,000$0
Funding fee$0$0$0
Note rate4.070%4.070%7.320%
Blended rate4.070%7.750%7.560%
1st payment$19,165.93$19,165.93$3,400.31
2nd payment$0.00$3,196.88$0.00
Taxes / mo$551.08$551.08$551.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$19,883.68$23,080.55$4,217.06
Cash to close$550,000$55,000$55,000