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$88,459$88,459$527,400
Remaining term (yrs)24.624.630.0
Secondary amount$0$438,941$0
Funding fee$442$442$0
Note rate3.090%3.090%7.400%
Blended rate3.090%6.968%7.640%
1st payment$426.47$426.47$3,651.61
2nd payment$0.00$2,834.83$0.00
Taxes / mo$488.33$488.33$488.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.48
HOA / mo$300.00$300.00$300.00
Total monthly$1,381.47$4,216.30$4,712.09
Cash to close$497,541$58,600$58,600