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$64,761$64,761$436,500
Remaining term (yrs)16.516.530.0
Secondary amount$0$371,739$0
Funding fee$324$324$0
Note rate3.560%3.560%7.320%
Blended rate3.560%7.128%7.560%
1st payment$429.78$429.78$2,998.45
2nd payment$0.00$2,400.81$0.00
Taxes / mo$107.08$107.08$107.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.30
HOA / mo$41.67$41.67$41.67
Total monthly$745.20$3,146.01$3,401.17
Cash to close$420,239$48,500$48,500