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$185,779$185,779$629,910
Remaining term (yrs)18.718.730.0
Secondary amount$0$444,131$0
Funding fee$929$929$0
Note rate3.850%3.850%7.320%
Blended rate3.850%6.600%7.560%
1st payment$1,157.02$1,157.02$4,327.04
2nd payment$0.00$2,868.34$0.00
Taxes / mo$304.00$304.00$304.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,627.69$4,496.03$4,923.69
Cash to close$514,121$69,990$69,990