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$153,890$153,890$557,910
Remaining term (yrs)19.919.930.0
Secondary amount$0$404,020$0
Funding fee$769$769$0
Note rate3.450%3.450%7.320%
Blended rate3.450%6.564%7.560%
1st payment$888.55$888.55$3,832.45
2nd payment$0.00$2,609.30$0.00
Taxes / mo$135.00$135.00$135.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$111.58
HOA / mo$1.67$1.67$1.67
Total monthly$1,191.89$3,801.18$4,247.37
Cash to close$466,010$61,990$61,990