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$163,383$163,383$539,100
Remaining term (yrs)24.024.030.0
Secondary amount$0$375,717$0
Funding fee$817$817$0
Note rate3.010%3.010%7.320%
Blended rate3.010%6.313%7.560%
1st payment$793.60$793.60$3,703.24
2nd payment$0.00$2,426.51$0.00
Taxes / mo$351.75$351.75$351.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,312.02$3,738.52$4,329.48
Cash to close$435,617$59,900$59,900