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$65,581$65,581$472,500
Remaining term (yrs)3.33.330.0
Secondary amount$0$406,919$0
Funding fee$328$328$0
Note rate3.130%3.130%7.320%
Blended rate3.130%7.109%7.560%
1st payment$1,688.68$1,688.68$3,245.75
2nd payment$0.00$2,628.02$0.00
Taxes / mo$659.08$659.08$659.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.50
HOA / mo$57.00$57.00$57.00
Total monthly$2,571.43$5,199.45$4,223.00
Cash to close$459,419$52,500$52,500