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$149,863$149,863$603,000
Remaining term (yrs)19.119.130.0
Secondary amount$0$453,137$0
Funding fee$749$749$0
Note rate4.010%4.010%7.400%
Blended rate4.010%6.821%7.640%
1st payment$932.08$932.08$4,175.05
2nd payment$0.00$2,926.51$0.00
Taxes / mo$430.73$430.73$430.73
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$120.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,529.48$4,455.99$4,893.05
Cash to close$520,137$67,000$67,000