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$47,292$47,292$646,200
Remaining term (yrs)3.33.330.0
Secondary amount$0$598,908$0
Funding fee$236$236$0
Note rate3.190%3.190%7.320%
Blended rate3.190%7.416%7.560%
1st payment$1,218.98$1,218.98$4,438.95
2nd payment$0.00$3,867.95$0.00
Taxes / mo$314.38$314.38$314.38
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.24
HOA / mo$56.67$56.67$56.67
Total monthly$1,806.70$5,674.65$5,155.90
Cash to close$670,708$71,800$71,800