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$178,801$178,801$440,100
Remaining term (yrs)23.423.430.0
Secondary amount$0$261,299$0
Funding fee$894$894$0
Note rate3.470%3.470%7.320%
Blended rate3.470%6.011%7.560%
1st payment$926.06$926.06$3,023.18
2nd payment$0.00$1,687.55$0.00
Taxes / mo$206.33$206.33$206.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$88.02
HOA / mo$255.00$255.00$255.00
Total monthly$1,554.06$3,241.61$3,739.20
Cash to close$310,199$48,900$48,900