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$152,257$152,257$450,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$297,743$0
Funding fee$761$761$0
Note rate3.620%3.620%7.320%
Blended rate3.620%6.353%7.560%
1st payment$793.65$793.65$3,091.19
2nd payment$0.00$1,922.92$0.00
Taxes / mo$223.33$223.33$223.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$74.00$74.00$74.00
Total monthly$1,257.65$3,180.57$3,645.19
Cash to close$347,743$50,000$50,000