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$179,296$179,296$540,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$360,704$0
Funding fee$896$896$0
Note rate3.000%3.000%7.320%
Blended rate3.000%6.173%7.560%
1st payment$857.96$857.96$3,709.43
2nd payment$0.00$2,329.55$0.00
Taxes / mo$127.57$127.57$127.57
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,152.20$3,481.75$4,111.66
Cash to close$420,704$60,000$60,000