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$175,005$175,005$481,500
Remaining term (yrs)18.618.630.0
Secondary amount$0$306,495$0
Funding fee$875$875$0
Note rate3.670%3.670%7.320%
Blended rate3.670%6.267%7.560%
1st payment$1,077.01$1,077.01$3,307.57
2nd payment$0.00$1,979.45$0.00
Taxes / mo$276.33$276.33$276.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$96.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,520.01$3,499.45$3,846.87
Cash to close$359,995$53,500$53,500