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$192,843$192,843$508,500
Remaining term (yrs)15.815.830.0
Secondary amount$0$315,657$0
Funding fee$964$964$0
Note rate3.680%3.680%7.400%
Blended rate3.680%6.206%7.640%
1st payment$1,335.55$1,335.55$3,520.75
2nd payment$0.00$2,038.62$0.00
Taxes / mo$902.00$902.00$902.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$101.70
HOA / mo$178.67$178.67$178.67
Total monthly$2,582.88$4,621.50$4,869.79
Cash to close$372,157$56,500$56,500