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$95,658$95,658$539,910
Remaining term (yrs)9.59.530.0
Secondary amount$0$444,252$0
Funding fee$478$478$0
Note rate3.710%3.710%7.400%
Blended rate3.710%7.034%7.640%
1st payment$982.59$982.59$3,738.23
2nd payment$0.00$2,869.13$0.00
Taxes / mo$184.58$184.58$184.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,333.84$4,202.97$4,197.46
Cash to close$504,242$59,990$59,990