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$97,469$97,469$449,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$352,441$0
Funding fee$487$487$0
Note rate3.450%3.450%7.320%
Blended rate3.450%6.818%7.560%
1st payment$479.35$479.35$3,090.57
2nd payment$0.00$2,276.18$0.00
Taxes / mo$216.75$216.75$216.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$862.77$3,138.95$3,563.97
Cash to close$402,431$49,990$49,990