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$101,934$101,934$540,000
Remaining term (yrs)16.616.630.0
Secondary amount$0$438,066$0
Funding fee$510$510$0
Note rate3.420%3.420%7.400%
Blended rate3.420%6.933%7.640%
1st payment$666.89$666.89$3,738.85
2nd payment$0.00$2,829.18$0.00
Taxes / mo$406.33$406.33$406.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,239.89$4,069.06$4,419.85
Cash to close$498,066$60,000$60,000