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$28,362$28,362$558,000
Remaining term (yrs)17.617.630.0
Secondary amount$0$529,638$0
Funding fee$142$142$0
Note rate7.220%7.220%7.400%
Blended rate7.220%7.723%7.640%
1st payment$236.57$236.57$3,863.48
2nd payment$0.00$3,420.58$0.00
Taxes / mo$278.83$278.83$278.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$111.60
HOA / mo$0.00$0.00$0.00
Total monthly$682.07$4,102.65$4,420.58
Cash to close$591,638$62,000$62,000