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$150,719$150,719$427,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$276,781$0
Funding fee$754$754$0
Note rate3.490%3.490%7.400%
Blended rate3.490%6.248%7.640%
1st payment$793.14$793.14$2,959.92
2nd payment$0.00$1,787.55$0.00
Taxes / mo$515.50$515.50$515.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,475.31$3,262.86$3,727.59
Cash to close$324,281$47,500$47,500