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$82,901$82,901$539,999
Remaining term (yrs)20.920.930.0
Secondary amount$0$457,098$0
Funding fee$415$415$0
Note rate3.900%3.900%7.320%
Blended rate3.900%7.159%7.560%
1st payment$481.15$481.15$3,709.42
2nd payment$0.00$2,952.09$0.00
Taxes / mo$1,752.83$1,752.83$1,752.83
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$2,400.65$5,352.74$5,736.92
Cash to close$517,098$60,000$60,000