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$173,603$173,603$405,000
Remaining term (yrs)21.121.130.0
Secondary amount$0$231,397$0
Funding fee$868$868$0
Note rate3.900%3.900%7.400%
Blended rate3.900%6.100%7.640%
1st payment$1,002.47$1,002.47$2,804.14
2nd payment$0.00$1,494.44$0.00
Taxes / mo$248.45$248.45$248.45
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,400.92$2,895.36$3,283.58
Cash to close$276,397$45,000$45,000