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$107,112$107,112$529,200
Remaining term (yrs)24.524.530.0
Secondary amount$0$422,088$0
Funding fee$536$536$0
Note rate3.180%3.180%7.400%
Blended rate3.180%6.825%7.640%
1st payment$522.61$522.61$3,664.07
2nd payment$0.00$2,725.99$0.00
Taxes / mo$571.25$571.25$571.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$105.84
HOA / mo$0.00$0.00$0.00
Total monthly$1,260.53$3,986.51$4,507.83
Cash to close$480,888$58,800$58,800