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$117,326$117,326$616,500
Remaining term (yrs)18.918.930.0
Secondary amount$0$499,174$0
Funding fee$587$587$0
Note rate3.910%3.910%7.400%
Blended rate3.910%7.019%7.640%
1st payment$727.83$727.83$4,268.52
2nd payment$0.00$3,223.83$0.00
Taxes / mo$570.83$570.83$570.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$123.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,465.33$4,689.17$5,129.32
Cash to close$567,674$68,500$68,500