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$131,758$131,758$495,000
Remaining term (yrs)14.914.930.0
Secondary amount$0$363,242$0
Funding fee$659$659$0
Note rate4.510%4.510%7.400%
Blended rate4.510%6.888%7.640%
1st payment$1,008.61$1,008.61$3,427.28
2nd payment$0.00$2,345.94$0.00
Taxes / mo$616.50$616.50$616.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$182.00$182.00$182.00
Total monthly$1,973.78$4,319.72$4,491.45
Cash to close$418,242$55,000$55,000