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$184,077$184,077$522,000
Remaining term (yrs)19.419.430.0
Secondary amount$0$337,923$0
Funding fee$920$920$0
Note rate3.960%3.960%7.320%
Blended rate3.960%6.413%7.560%
1st payment$1,130.33$1,130.33$3,585.78
2nd payment$0.00$2,182.42$0.00
Taxes / mo$213.33$213.33$213.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.40
HOA / mo$30.00$30.00$30.00
Total monthly$1,540.33$3,722.74$4,100.18
Cash to close$395,923$58,000$58,000