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$47,478$47,478$523,350
Remaining term (yrs)22.822.830.0
Secondary amount$0$475,872$0
Funding fee$237$237$0
Note rate3.700%3.700%7.320%
Blended rate3.700%7.383%7.560%
1st payment$256.32$256.32$3,595.05
2nd payment$0.00$3,073.34$0.00
Taxes / mo$190.08$190.08$190.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.67
HOA / mo$0.00$0.00$0.00
Total monthly$613.07$3,686.40$4,056.47
Cash to close$534,022$58,150$58,150