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$157,893$157,893$540,000
Remaining term (yrs)22.922.930.0
Secondary amount$0$382,107$0
Funding fee$789$789$0
Note rate3.550%3.550%7.400%
Blended rate3.550%6.522%7.640%
1st payment$835.90$835.90$3,738.85
2nd payment$0.00$2,467.77$0.00
Taxes / mo$88.67$88.67$88.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,091.24$3,559.01$4,102.18
Cash to close$442,107$60,000$60,000