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$8,368$8,368$562,410
Remaining term (yrs)0.40.430.0
Secondary amount$0$554,042$0
Funding fee$42$42$0
Note rate3.160%3.160%7.320%
Blended rate3.160%7.682%7.560%
1st payment$1,407.50$1,407.50$3,863.37
2nd payment$0.00$3,578.19$0.00
Taxes / mo$176.25$176.25$176.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.48
HOA / mo$55.00$55.00$55.00
Total monthly$1,805.42$5,383.61$4,373.77
Cash to close$616,532$62,490$62,490