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$132,295$132,295$481,950
Remaining term (yrs)15.015.030.0
Secondary amount$0$349,655$0
Funding fee$661$661$0
Note rate3.000%3.000%7.400%
Blended rate3.000%6.446%7.640%
1st payment$905.65$905.65$3,336.92
2nd payment$0.00$2,258.19$0.00
Taxes / mo$457.08$457.08$457.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.39
HOA / mo$65.00$65.00$65.00
Total monthly$1,594.40$3,852.59$4,122.06
Cash to close$403,205$53,550$53,550