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$29,690$29,690$517,500
Remaining term (yrs)14.114.130.0
Secondary amount$0$487,810$0
Funding fee$148$148$0
Note rate5.550%5.550%7.400%
Blended rate5.550%7.624%7.640%
1st payment$251.62$251.62$3,583.07
2nd payment$0.00$3,150.44$0.00
Taxes / mo$479.17$479.17$479.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$0.00$0.00$0.00
Total monthly$897.45$4,047.89$4,332.40
Cash to close$545,310$57,500$57,500