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$175,359$175,359$499,500
Remaining term (yrs)16.216.230.0
Secondary amount$0$324,141$0
Funding fee$877$877$0
Note rate3.340%3.340%7.320%
Blended rate3.340%6.202%7.560%
1st payment$1,162.03$1,162.03$3,431.22
2nd payment$0.00$2,093.41$0.00
Taxes / mo$190.92$190.92$190.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,519.61$3,613.02$3,888.70
Cash to close$379,641$55,500$55,500