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$178,411$178,411$575,955
Remaining term (yrs)15.415.430.0
Secondary amount$0$397,544$0
Funding fee$892$892$0
Note rate3.980%3.980%7.400%
Blended rate3.980%6.582%7.640%
1st payment$1,286.83$1,286.83$3,987.80
2nd payment$0.00$2,567.47$0.00
Taxes / mo$533.29$533.29$533.29
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.19
HOA / mo$545.00$545.00$545.00
Total monthly$2,531.79$5,099.26$5,347.95
Cash to close$461,539$63,995$63,995