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$136,623$136,623$517,410
Remaining term (yrs)24.424.430.0
Secondary amount$0$380,787$0
Funding fee$683$683$0
Note rate2.730%2.730%7.400%
Blended rate2.730%6.424%7.640%
1st payment$637.82$637.82$3,582.44
2nd payment$0.00$2,459.25$0.00
Taxes / mo$384.33$384.33$384.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.48
HOA / mo$70.00$70.00$70.00
Total monthly$1,258.82$3,718.07$4,306.92
Cash to close$438,277$57,490$57,490