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$147,867$147,867$540,000
Remaining term (yrs)22.222.230.0
Secondary amount$0$392,133$0
Funding fee$739$739$0
Note rate4.700%4.700%7.400%
Blended rate4.700%6.915%7.640%
1st payment$892.06$892.06$3,738.85
2nd payment$0.00$2,532.52$0.00
Taxes / mo$131.17$131.17$131.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$10.00$10.00$10.00
Total monthly$1,199.89$3,732.41$4,154.68
Cash to close$452,133$60,000$60,000