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$66,114$66,114$625,950
Remaining term (yrs)15.915.930.0
Secondary amount$0$559,836$0
Funding fee$331$331$0
Note rate3.550%3.550%7.400%
Blended rate3.550%7.306%7.640%
1st payment$451.84$451.84$4,333.95
2nd payment$0.00$3,615.61$0.00
Taxes / mo$423.50$423.50$423.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.19
HOA / mo$4.17$4.17$4.17
Total monthly$1,046.18$4,661.79$5,053.48
Cash to close$629,386$69,550$69,550