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$152,133$152,133$441,000
Remaining term (yrs)19.919.930.0
Secondary amount$0$288,867$0
Funding fee$761$761$0
Note rate3.430%3.430%7.400%
Blended rate3.430%6.260%7.640%
1st payment$876.85$876.85$3,053.39
2nd payment$0.00$1,865.60$0.00
Taxes / mo$262.00$262.00$262.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,305.52$3,171.11$3,570.26
Cash to close$337,867$49,000$49,000