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$97,956$97,956$449,100
Remaining term (yrs)19.419.430.0
Secondary amount$0$351,144$0
Funding fee$490$490$0
Note rate3.790%3.790%7.320%
Blended rate3.790%6.886%7.560%
1st payment$592.82$592.82$3,085.01
2nd payment$0.00$2,267.81$0.00
Taxes / mo$415.83$415.83$415.83
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$1,175.32$3,443.12$3,757.33
Cash to close$401,044$49,900$49,900