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$97,704$97,704$418,410
Remaining term (yrs)18.518.530.0
Secondary amount$0$320,706$0
Funding fee$489$489$0
Note rate3.770%3.770%7.320%
Blended rate3.770%6.821%7.560%
1st payment$608.17$608.17$2,874.19
2nd payment$0.00$2,071.22$0.00
Taxes / mo$387.42$387.42$387.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,162.25$3,233.48$3,511.95
Cash to close$367,196$46,490$46,490