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$154,743$154,743$562,050
Remaining term (yrs)19.919.930.0
Secondary amount$0$407,307$0
Funding fee$774$774$0
Note rate3.480%3.480%7.400%
Blended rate3.480%6.574%7.640%
1st payment$895.86$895.86$3,891.52
2nd payment$0.00$2,630.52$0.00
Taxes / mo$110.08$110.08$110.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$112.41
HOA / mo$516.33$516.33$516.33
Total monthly$1,688.94$4,319.46$4,797.01
Cash to close$469,757$62,450$62,450