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$144,004$144,004$457,999
Remaining term (yrs)26.526.530.0
Secondary amount$0$313,995$0
Funding fee$720$720$0
Note rate6.540%6.540%7.320%
Blended rate6.540%7.370%7.560%
1st payment$952.05$952.05$3,146.14
2nd payment$0.00$2,027.88$0.00
Taxes / mo$424.07$424.07$424.07
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$91.60
HOA / mo$1,085.00$1,085.00$1,085.00
Total monthly$2,627.79$4,655.67$4,913.48
Cash to close$364,884$50,889$50,889