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$133,650$133,650$508,499
Remaining term (yrs)25.325.330.0
Secondary amount$0$374,849$0
Funding fee$668$668$0
Note rate3.920%3.920%7.320%
Blended rate3.920%6.743%7.560%
1st payment$691.49$691.49$3,493.04
2nd payment$0.00$2,420.90$0.00
Taxes / mo$255.42$255.42$255.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.70
HOA / mo$53.00$53.00$53.00
Total monthly$1,166.57$3,587.48$4,069.82
Cash to close$431,349$56,500$56,500