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$199,806$199,806$571,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$371,694$0
Funding fee$999$999$0
Note rate3.690%3.690%7.320%
Blended rate3.690%6.331%7.560%
1st payment$1,067.79$1,067.79$3,925.81
2nd payment$0.00$2,400.52$0.00
Taxes / mo$177.83$177.83$177.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$114.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,412.29$3,812.81$4,384.61
Cash to close$435,194$63,500$63,500