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$141,875$141,875$494,100
Remaining term (yrs)15.915.930.0
Secondary amount$0$352,225$0
Funding fee$709$709$0
Note rate3.660%3.660%7.320%
Blended rate3.660%6.576%7.560%
1st payment$977.38$977.38$3,394.12
2nd payment$0.00$2,274.79$0.00
Taxes / mo$272.17$272.17$272.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,416.21$3,691.00$3,931.78
Cash to close$407,125$54,900$54,900