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$44,821$44,821$549,000
Remaining term (yrs)1.61.630.0
Secondary amount$0$504,179$0
Funding fee$224$224$0
Note rate2.560%2.560%7.320%
Blended rate2.560%7.326%7.560%
1st payment$2,184.78$2,184.78$3,771.25
2nd payment$0.00$3,256.16$0.00
Taxes / mo$250.58$250.58$250.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$109.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,602.03$5,858.19$4,298.30
Cash to close$565,179$61,000$61,000