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$129,283$129,283$462,600
Remaining term (yrs)22.122.130.0
Secondary amount$0$333,317$0
Funding fee$646$646$0
Note rate4.900%4.900%7.400%
Blended rate4.900%6.954%7.640%
1st payment$796.09$796.09$3,202.95
2nd payment$0.00$2,152.68$0.00
Taxes / mo$602.84$602.84$602.84
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.52
HOA / mo$150.00$150.00$150.00
Total monthly$1,715.60$3,868.27$4,214.98
Cash to close$384,717$51,400$51,400