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$170,570$170,570$453,600
Remaining term (yrs)20.820.830.0
Secondary amount$0$283,030$0
Funding fee$853$853$0
Note rate3.910%3.910%7.320%
Blended rate3.910%6.306%7.560%
1st payment$995.96$995.96$3,115.92
2nd payment$0.00$1,827.90$0.00
Taxes / mo$269.92$269.92$269.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.72
HOA / mo$46.00$46.00$46.00
Total monthly$1,478.54$3,306.44$3,689.22
Cash to close$333,430$50,400$50,400