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$169,688$169,688$539,991
Remaining term (yrs)9.19.130.0
Secondary amount$0$370,303$0
Funding fee$848$848$0
Note rate2.370%2.370%7.400%
Blended rate2.370%6.059%7.640%
1st payment$1,703.91$1,703.91$3,738.79
2nd payment$0.00$2,391.54$0.00
Taxes / mo$499.99$499.99$499.99
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,370.57$4,762.11$4,513.45
Cash to close$430,302$59,999$59,999