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$96,676$96,676$512,910
Remaining term (yrs)22.122.130.0
Secondary amount$0$416,234$0
Funding fee$483$483$0
Note rate4.830%4.830%7.400%
Blended rate4.830%7.200%7.640%
1st payment$591.50$591.50$3,551.29
2nd payment$0.00$2,688.18$0.00
Taxes / mo$169.08$169.08$169.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.58
HOA / mo$0.00$0.00$0.00
Total monthly$927.25$3,615.43$3,989.62
Cash to close$473,224$56,990$56,990