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$224,429$224,429$719,999
Remaining term (yrs)24.824.830.0
Secondary amount$0$495,570$0
Funding fee$1,122$1,122$0
Note rate3.000%3.000%7.400%
Blended rate3.000%6.269%7.640%
1st payment$1,066.66$1,066.66$4,985.13
2nd payment$0.00$3,200.56$0.00
Taxes / mo$666.67$666.67$666.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.00
HOA / mo$1,075.00$1,075.00$1,075.00
Total monthly$3,024.99$6,225.55$7,087.46
Cash to close$575,570$80,000$80,000