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$132,099$132,099$495,000
Remaining term (yrs)15.415.430.0
Secondary amount$0$362,901$0
Funding fee$660$660$0
Note rate3.890%3.890%7.320%
Blended rate3.890%6.720%7.560%
1st payment$943.13$943.13$3,400.31
2nd payment$0.00$2,343.74$0.00
Taxes / mo$289.17$289.17$289.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$50.00$50.00$50.00
Total monthly$1,448.97$3,792.70$4,005.14
Cash to close$417,901$55,000$55,000