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$173,195$173,195$611,999
Remaining term (yrs)23.023.030.0
Secondary amount$0$438,804$0
Funding fee$866$866$0
Note rate3.560%3.560%7.400%
Blended rate3.560%6.564%7.640%
1st payment$915.70$915.70$4,237.36
2nd payment$0.00$2,833.94$0.00
Taxes / mo$142.17$142.17$142.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$122.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,224.54$4,058.48$4,668.59
Cash to close$506,804$68,000$68,000