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$163,343$163,343$504,000
Remaining term (yrs)16.616.630.0
Secondary amount$0$340,657$0
Funding fee$817$817$0
Note rate3.630%3.630%7.400%
Blended rate3.630%6.415%7.640%
1st payment$1,085.78$1,085.78$3,489.59
2nd payment$0.00$2,200.07$0.00
Taxes / mo$466.67$466.67$466.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.80
HOA / mo$393.00$393.00$393.00
Total monthly$2,112.12$4,312.19$4,616.73
Cash to close$396,657$56,000$56,000