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$124,490$124,490$517,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$393,010$0
Funding fee$622$622$0
Note rate3.700%3.700%7.320%
Blended rate3.700%6.776%7.560%
1st payment$664.45$664.45$3,554.87
2nd payment$0.00$2,538.19$0.00
Taxes / mo$137.08$137.08$137.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$0.00$0.00$0.00
Total monthly$968.20$3,506.39$3,962.12
Cash to close$450,510$57,500$57,500