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$189,410$189,410$517,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$328,090$0
Funding fee$947$947$0
Note rate3.070%3.070%7.400%
Blended rate3.070%6.037%7.640%
1st payment$897.20$897.20$3,583.07
2nd payment$0.00$2,118.92$0.00
Taxes / mo$165.15$165.15$165.15
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,229.01$3,347.93$4,018.38
Cash to close$385,590$57,500$57,500