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$133,204$133,204$584,100
Remaining term (yrs)7.47.430.0
Secondary amount$0$450,896$0
Funding fee$666$666$0
Note rate3.910%3.910%7.400%
Blended rate3.910%6.874%7.640%
1st payment$1,710.04$1,710.04$4,044.19
2nd payment$0.00$2,912.04$0.00
Taxes / mo$540.83$540.83$540.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$116.82
HOA / mo$43.75$43.75$43.75
Total monthly$2,461.29$5,373.33$4,912.26
Cash to close$515,796$64,900$64,900