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$153,338$153,338$486,000
Remaining term (yrs)19.519.530.0
Secondary amount$0$332,662$0
Funding fee$767$767$0
Note rate3.660%3.660%7.400%
Blended rate3.660%6.460%7.640%
1st payment$912.34$912.34$3,364.97
2nd payment$0.00$2,148.44$0.00
Taxes / mo$289.08$289.08$289.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.20
HOA / mo$35.00$35.00$35.00
Total monthly$1,403.09$3,551.53$3,952.92
Cash to close$386,662$54,000$54,000