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$139,465$139,465$495,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$355,535$0
Funding fee$697$697$0
Note rate2.700%2.700%7.400%
Blended rate2.700%6.327%7.640%
1st payment$648.96$648.96$3,427.28
2nd payment$0.00$2,296.16$0.00
Taxes / mo$150.00$150.00$150.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$965.62$3,261.79$3,842.95
Cash to close$410,535$55,000$55,000