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$185,815$185,815$665,910
Remaining term (yrs)19.819.830.0
Secondary amount$0$480,095$0
Funding fee$929$929$0
Note rate3.560%3.560%7.400%
Blended rate3.560%6.581%7.640%
1st payment$1,086.50$1,086.50$4,610.63
2nd payment$0.00$3,100.61$0.00
Taxes / mo$616.58$616.58$616.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$133.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,919.75$5,020.36$5,577.06
Cash to close$554,085$73,990$73,990