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$104,736$104,736$524,691
Remaining term (yrs)11.911.930.0
Secondary amount$0$419,955$0
Funding fee$524$524$0
Note rate5.000%5.000%7.400%
Blended rate5.000%7.201%7.640%
1st payment$968.69$968.69$3,632.85
2nd payment$0.00$2,712.21$0.00
Taxes / mo$136.17$136.17$136.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.94
HOA / mo$112.00$112.00$112.00
Total monthly$1,383.53$4,095.74$4,152.63
Cash to close$478,254$58,299$58,299