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$194,003$194,003$511,200
Remaining term (yrs)22.922.930.0
Secondary amount$0$317,197$0
Funding fee$970$970$0
Note rate3.620%3.620%7.320%
Blended rate3.620%6.183%7.560%
1st payment$1,034.27$1,034.27$3,511.59
2nd payment$0.00$2,048.57$0.00
Taxes / mo$131.70$131.70$131.70
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$102.24
HOA / mo$0.00$0.00$0.00
Total monthly$1,332.64$3,381.21$3,912.20
Cash to close$373,997$56,800$56,800