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$62,993$62,993$440,991
Remaining term (yrs)4.74.730.0
Secondary amount$0$377,998$0
Funding fee$315$315$0
Note rate2.890%2.890%7.400%
Blended rate2.890%7.056%7.640%
1st payment$1,165.02$1,165.02$3,053.33
2nd payment$0.00$2,441.24$0.00
Taxes / mo$554.11$554.11$554.11
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.20
HOA / mo$124.67$124.67$124.67
Total monthly$2,010.47$4,451.70$3,986.98
Cash to close$426,997$48,999$48,999