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$177,973$177,973$517,500
Remaining term (yrs)18.518.530.0
Secondary amount$0$339,527$0
Funding fee$890$890$0
Note rate3.770%3.770%7.400%
Blended rate3.770%6.381%7.640%
1st payment$1,107.81$1,107.81$3,583.07
2nd payment$0.00$2,192.78$0.00
Taxes / mo$295.25$295.25$295.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$32.00$32.00$32.00
Total monthly$1,601.73$3,794.50$4,180.48
Cash to close$397,027$57,500$57,500