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$72,893$72,893$479,250
Remaining term (yrs)16.516.530.0
Secondary amount$0$406,357$0
Funding fee$364$364$0
Note rate3.540%3.540%7.400%
Blended rate3.540%7.110%7.640%
1st payment$483.01$483.01$3,318.23
2nd payment$0.00$2,624.39$0.00
Taxes / mo$443.75$443.75$443.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.85
HOA / mo$610.00$610.00$610.00
Total monthly$1,703.43$4,327.82$4,634.50
Cash to close$459,607$53,250$53,250