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$173,059$173,059$449,100
Remaining term (yrs)24.124.130.0
Secondary amount$0$276,041$0
Funding fee$865$865$0
Note rate3.090%3.090%7.400%
Blended rate3.090%5.954%7.640%
1st payment$845.82$845.82$3,109.48
2nd payment$0.00$1,782.76$0.00
Taxes / mo$371.17$371.17$371.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,383.65$3,166.42$3,737.13
Cash to close$325,941$49,900$49,900