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$135,057$135,057$494,100
Remaining term (yrs)23.123.130.0
Secondary amount$0$359,043$0
Funding fee$675$675$0
Note rate3.690%3.690%7.400%
Blended rate3.690%6.640%7.640%
1st payment$721.76$721.76$3,421.05
2nd payment$0.00$2,318.82$0.00
Taxes / mo$112.24$112.24$112.24
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,000.66$3,319.49$3,798.78
Cash to close$413,943$54,900$54,900