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$106,984$106,984$454,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$347,516$0
Funding fee$535$535$0
Note rate3.750%3.750%7.400%
Blended rate3.750%6.808%7.640%
1st payment$579.09$579.09$3,146.87
2nd payment$0.00$2,244.37$0.00
Taxes / mo$272.67$272.67$272.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.90
HOA / mo$9.17$9.17$9.17
Total monthly$1,027.60$3,271.97$3,686.27
Cash to close$398,016$50,500$50,500