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$197,369$197,369$517,410
Remaining term (yrs)21.021.030.0
Secondary amount$0$320,041$0
Funding fee$987$987$0
Note rate3.830%3.830%7.400%
Blended rate3.830%6.255%7.640%
1st payment$1,135.28$1,135.28$3,582.44
2nd payment$0.00$2,066.93$0.00
Taxes / mo$102.00$102.00$102.00
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,403.95$3,470.88$3,954.59
Cash to close$377,531$57,490$57,490