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$17,633$17,633$449,910
Remaining term (yrs)1.31.330.0
Secondary amount$0$432,277$0
Funding fee$88$88$0
Note rate3.400%3.400%7.400%
Blended rate3.400%7.580%7.640%
1st payment$1,063.91$1,063.91$3,115.09
2nd payment$0.00$2,791.79$0.00
Taxes / mo$296.00$296.00$296.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$14.17$14.17$14.17
Total monthly$1,540.74$4,332.53$3,681.90
Cash to close$482,267$49,990$49,990