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$184,886$184,886$886,500
Remaining term (yrs)20.120.130.0
Secondary amount$0$701,614$0
Funding fee$924$924$0
Note rate3.470%3.470%7.400%
Blended rate3.470%6.857%7.640%
1st payment$1,060.27$1,060.27$6,137.95
2nd payment$0.00$4,531.25$0.00
Taxes / mo$820.83$820.83$820.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$177.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,097.77$6,629.03$7,352.75
Cash to close$800,114$98,500$98,500