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$55,150$55,150$566,910
Remaining term (yrs)26.326.330.0
Secondary amount$0$511,760$0
Funding fee$276$276$0
Note rate2.750%2.750%7.400%
Blended rate2.750%7.264%7.640%
1st payment$244.94$244.94$3,925.17
2nd payment$0.00$3,305.11$0.00
Taxes / mo$747.92$747.92$747.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,159.53$4,464.64$4,953.14
Cash to close$574,750$62,990$62,990