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$162,608$162,608$701,100
Remaining term (yrs)21.021.030.0
Secondary amount$0$538,492$0
Funding fee$813$813$0
Note rate3.830%3.830%7.400%
Blended rate3.830%6.841%7.640%
1st payment$935.33$935.33$4,854.27
2nd payment$0.00$3,477.76$0.00
Taxes / mo$79.04$79.04$79.04
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$140.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,231.04$4,708.80$5,290.20
Cash to close$616,392$77,900$77,900