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$75,958$75,958$539,910
Remaining term (yrs)14.114.130.0
Secondary amount$0$463,952$0
Funding fee$380$380$0
Note rate2.390%2.390%7.320%
Blended rate2.390%6.996%7.560%
1st payment$524.56$524.56$3,708.81
2nd payment$0.00$2,996.36$0.00
Taxes / mo$466.50$466.50$466.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,157.73$4,154.09$4,449.96
Cash to close$523,942$59,990$59,990