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$39,936$39,936$530,550
Remaining term (yrs)1.61.630.0
Secondary amount$0$490,614$0
Funding fee$200$200$0
Note rate3.540%3.540%7.400%
Blended rate3.540%7.433%7.640%
1st payment$1,964.02$1,964.02$3,673.42
2nd payment$0.00$3,168.55$0.00
Taxes / mo$308.09$308.09$308.09
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$106.11
HOA / mo$11.67$11.67$11.67
Total monthly$2,450.45$5,619.00$4,265.96
Cash to close$549,564$58,950$58,950