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$10,464$10,464$405,000
Remaining term (yrs)1.31.330.0
Secondary amount$0$394,536$0
Funding fee$52$52$0
Note rate2.690%2.690%7.320%
Blended rate2.690%7.619%7.560%
1st payment$593.81$593.81$2,782.07
2nd payment$0.00$2,548.04$0.00
Taxes / mo$898.19$898.19$898.19
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,642.00$4,190.05$3,911.26
Cash to close$439,536$45,000$45,000