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$198,848$198,848$755,999
Remaining term (yrs)15.415.430.0
Secondary amount$0$557,151$0
Funding fee$994$994$0
Note rate3.880%3.880%7.320%
Blended rate3.880%6.732%7.560%
1st payment$1,424.25$1,424.25$5,193.19
2nd payment$0.00$3,598.27$0.00
Taxes / mo$700.00$700.00$700.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$151.20
HOA / mo$60.00$60.00$60.00
Total monthly$2,400.92$5,999.19$6,321.05
Cash to close$641,151$84,000$84,000