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$95,694$95,694$490,500
Remaining term (yrs)6.96.930.0
Secondary amount$0$394,806$0
Funding fee$478$478$0
Note rate6.260%6.260%7.400%
Blended rate6.260%7.459%7.640%
1st payment$1,396.69$1,396.69$3,396.12
2nd payment$0.00$2,549.79$0.00
Taxes / mo$241.58$241.58$241.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,804.94$4,354.73$3,902.47
Cash to close$449,306$54,500$54,500