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$171,185$171,185$782,100
Remaining term (yrs)16.216.230.0
Secondary amount$0$610,915$0
Funding fee$856$856$0
Note rate3.550%3.550%7.320%
Blended rate3.550%6.831%7.560%
1st payment$1,152.19$1,152.19$5,372.48
2nd payment$0.00$3,945.49$0.00
Taxes / mo$382.25$382.25$382.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$156.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,751.11$5,696.60$6,127.82
Cash to close$697,815$86,900$86,900