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$169,007$169,007$616,500
Remaining term (yrs)15.915.930.0
Secondary amount$0$447,493$0
Funding fee$845$845$0
Note rate3.600%3.600%7.400%
Blended rate3.600%6.612%7.640%
1st payment$1,154.80$1,154.80$4,268.52
2nd payment$0.00$2,890.06$0.00
Taxes / mo$214.75$214.75$214.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$123.30
HOA / mo$26.25$26.25$26.25
Total monthly$1,562.47$4,452.53$4,799.49
Cash to close$515,993$68,500$68,500