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$47,035$47,035$539,100
Remaining term (yrs)1.61.630.0
Secondary amount$0$492,065$0
Funding fee$235$235$0
Note rate3.420%3.420%7.400%
Blended rate3.420%7.372%7.640%
1st payment$2,310.62$2,310.62$3,732.62
2nd payment$0.00$3,177.92$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$4.58$4.58$4.58
Total monthly$2,981.03$6,158.96$4,510.85
Cash to close$551,965$59,900$59,900