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$178,682$178,682$517,500
Remaining term (yrs)18.418.430.0
Secondary amount$0$338,818$0
Funding fee$893$893$0
Note rate3.880%3.880%7.400%
Blended rate3.880%6.414%7.640%
1st payment$1,129.26$1,129.26$3,583.07
2nd payment$0.00$2,188.20$0.00
Taxes / mo$186.50$186.50$186.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$103.50
HOA / mo$8.33$8.33$8.33
Total monthly$1,490.75$3,678.95$4,048.06
Cash to close$396,318$57,500$57,500