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$128,121$128,121$449,550
Remaining term (yrs)19.319.330.0
Secondary amount$0$321,429$0
Funding fee$641$641$0
Note rate2.670%2.670%7.400%
Blended rate2.670%6.302%7.640%
1st payment$705.27$705.27$3,112.59
2nd payment$0.00$2,075.89$0.00
Taxes / mo$328.42$328.42$328.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.91
HOA / mo$0.00$0.00$0.00
Total monthly$1,200.35$3,276.25$3,697.59
Cash to close$371,379$49,950$49,950