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$31,202$31,202$535,500
Remaining term (yrs)5.95.930.0
Secondary amount$0$504,298$0
Funding fee$156$156$0
Note rate4.610%4.610%7.400%
Blended rate4.610%7.567%7.640%
1st payment$496.89$496.89$3,707.69
2nd payment$0.00$3,256.92$0.00
Taxes / mo$229.33$229.33$229.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.10
HOA / mo$0.00$0.00$0.00
Total monthly$892.89$4,149.81$4,210.79
Cash to close$563,798$59,500$59,500