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$179,028$179,028$481,500
Remaining term (yrs)18.918.930.0
Secondary amount$0$302,472$0
Funding fee$895$895$0
Note rate3.930%3.930%7.320%
Blended rate3.930%6.330%7.560%
1st payment$1,112.46$1,112.46$3,307.57
2nd payment$0.00$1,953.47$0.00
Taxes / mo$53.58$53.58$53.58
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$1,332.71$3,286.18$3,624.12
Cash to close$355,972$53,500$53,500