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$178,943$178,943$495,000
Remaining term (yrs)23.223.230.0
Secondary amount$0$316,057$0
Funding fee$895$895$0
Note rate3.700%3.700%7.400%
Blended rate3.700%6.286%7.640%
1st payment$955.09$955.09$3,427.28
2nd payment$0.00$2,041.20$0.00
Taxes / mo$458.33$458.33$458.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$415.00$415.00$415.00
Total monthly$1,995.09$4,036.29$4,566.28
Cash to close$371,057$55,000$55,000