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$49,033$49,033$526,500
Remaining term (yrs)8.38.330.0
Secondary amount$0$477,467$0
Funding fee$245$245$0
Note rate3.190%3.190%7.400%
Blended rate3.190%7.325%7.640%
1st payment$554.21$554.21$3,645.38
2nd payment$0.00$3,083.64$0.00
Taxes / mo$131.98$131.98$131.98
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.30
HOA / mo$0.00$0.00$0.00
Total monthly$852.85$3,936.49$4,049.32
Cash to close$535,967$58,500$58,500