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$97,033$97,033$521,100
Remaining term (yrs)19.619.630.0
Secondary amount$0$424,067$0
Funding fee$485$485$0
Note rate3.690%3.690%7.400%
Blended rate3.690%6.994%7.640%
1st payment$577.18$577.18$3,607.99
2nd payment$0.00$2,738.77$0.00
Taxes / mo$235.33$235.33$235.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.22
HOA / mo$0.00$0.00$0.00
Total monthly$979.18$3,717.94$4,114.21
Cash to close$481,967$57,900$57,900