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$166,337$166,337$449,910
Remaining term (yrs)19.619.630.0
Secondary amount$0$283,573$0
Funding fee$832$832$0
Note rate3.590%3.590%7.400%
Blended rate3.590%6.212%7.640%
1st payment$980.82$980.82$3,115.09
2nd payment$0.00$1,831.41$0.00
Taxes / mo$257.17$257.17$257.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$137.67$137.67$137.67
Total monthly$1,542.32$3,373.73$3,766.57
Cash to close$333,563$49,990$49,990