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$132,570$132,570$463,500
Remaining term (yrs)19.819.830.0
Secondary amount$0$330,930$0
Funding fee$663$663$0
Note rate3.600%3.600%7.400%
Blended rate3.600%6.563%7.640%
1st payment$777.90$777.90$3,209.18
2nd payment$0.00$2,137.26$0.00
Taxes / mo$429.17$429.17$429.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,373.73$3,510.99$3,897.71
Cash to close$382,430$51,500$51,500