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$138,467$138,467$540,000
Remaining term (yrs)5.45.430.0
Secondary amount$0$401,533$0
Funding fee$692$692$0
Note rate3.400%3.400%7.400%
Blended rate3.400%6.635%7.640%
1st payment$2,303.22$2,303.22$3,738.85
2nd payment$0.00$2,593.23$0.00
Taxes / mo$218.17$218.17$218.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$16.67$16.67$16.67
Total monthly$2,704.72$5,297.95$4,248.35
Cash to close$461,533$60,000$60,000