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$176,726$176,726$575,910
Remaining term (yrs)18.418.430.0
Secondary amount$0$399,184$0
Funding fee$884$884$0
Note rate3.660%3.660%7.320%
Blended rate3.660%6.495%7.560%
1st payment$1,096.92$1,096.92$3,956.10
2nd payment$0.00$2,578.07$0.00
Taxes / mo$245.25$245.25$245.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$115.18
HOA / mo$35.00$35.00$35.00
Total monthly$1,543.84$4,121.90$4,518.20
Cash to close$463,174$63,990$63,990