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$182,371$182,371$697,500
Remaining term (yrs)20.020.030.0
Secondary amount$0$515,129$0
Funding fee$912$912$0
Note rate3.440%3.440%7.400%
Blended rate3.440%6.623%7.640%
1st payment$1,046.02$1,046.02$4,829.35
2nd payment$0.00$3,326.88$0.00
Taxes / mo$500.50$500.50$500.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$139.50
HOA / mo$182.00$182.00$182.00
Total monthly$1,945.19$5,272.06$5,868.02
Cash to close$592,629$77,500$77,500