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$184,213$184,213$427,410
Remaining term (yrs)19.719.730.0
Secondary amount$0$243,197$0
Funding fee$921$921$0
Note rate3.420%3.420%7.320%
Blended rate3.420%5.884%7.560%
1st payment$1,067.02$1,067.02$2,936.01
2nd payment$0.00$1,570.65$0.00
Taxes / mo$9.67$9.67$9.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,243.35$2,814.00$3,197.83
Cash to close$290,687$47,490$47,490