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$153,961$153,961$439,200
Remaining term (yrs)19.519.530.0
Secondary amount$0$285,239$0
Funding fee$770$770$0
Note rate3.660%3.660%7.320%
Blended rate3.660%6.316%7.560%
1st payment$916.05$916.05$3,017.00
2nd payment$0.00$1,842.17$0.00
Taxes / mo$197.25$197.25$197.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.84
HOA / mo$0.00$0.00$0.00
Total monthly$1,279.96$3,122.13$3,468.76
Cash to close$334,039$48,800$48,800