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$15,553$15,553$485,460
Remaining term (yrs)1.71.730.0
Secondary amount$0$469,907$0
Funding fee$78$78$0
Note rate7.070%7.070%7.320%
Blended rate7.070%7.728%7.560%
1st payment$755.85$755.85$3,334.77
2nd payment$0.00$3,034.81$0.00
Taxes / mo$193.08$193.08$193.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.09
HOA / mo$0.00$0.00$0.00
Total monthly$1,115.60$4,150.42$3,791.62
Cash to close$523,847$53,940$53,940