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$65,424$65,424$449,910
Remaining term (yrs)10.510.530.0
Secondary amount$0$384,486$0
Funding fee$327$327$0
Note rate4.000%4.000%7.320%
Blended rate4.000%7.205%7.560%
1st payment$628.73$628.73$3,090.57
2nd payment$0.00$2,483.14$0.00
Taxes / mo$632.75$632.75$632.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$22.92$22.92$22.92
Total monthly$1,451.07$3,934.21$4,002.89
Cash to close$434,476$49,990$49,990