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$123,850$123,850$436,500
Remaining term (yrs)12.412.430.0
Secondary amount$0$312,650$0
Funding fee$619$619$0
Note rate5.160%5.160%7.320%
Blended rate5.160%7.015%7.560%
1st payment$1,116.79$1,116.79$2,998.45
2nd payment$0.00$2,019.20$0.00
Taxes / mo$312.92$312.92$312.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.30
HOA / mo$9.67$9.67$9.67
Total monthly$1,606.04$3,625.24$3,575.01
Cash to close$361,150$48,500$48,500