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$197,365$197,365$566,100
Remaining term (yrs)19.919.930.0
Secondary amount$0$368,735$0
Funding fee$987$987$0
Note rate3.170%3.170%7.320%
Blended rate3.170%6.153%7.560%
1st payment$1,108.15$1,108.15$3,888.71
2nd payment$0.00$2,381.41$0.00
Taxes / mo$848.23$848.23$848.23
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.22
HOA / mo$0.00$0.00$0.00
Total monthly$2,123.05$4,504.46$5,016.83
Cash to close$431,635$62,900$62,900