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$185,815$185,815$773,910
Remaining term (yrs)19.819.830.0
Secondary amount$0$588,095$0
Funding fee$929$929$0
Note rate3.560%3.560%7.400%
Blended rate3.560%6.744%7.640%
1st payment$1,086.50$1,086.50$5,358.40
2nd payment$0.00$3,798.11$0.00
Taxes / mo$716.58$716.58$716.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$154.78
HOA / mo$0.00$0.00$0.00
Total monthly$2,019.75$5,817.86$6,446.43
Cash to close$674,085$85,990$85,990