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$197,448$197,448$598,410
Remaining term (yrs)19.919.930.0
Secondary amount$0$400,962$0
Funding fee$987$987$0
Note rate3.430%3.430%7.320%
Blended rate3.430%6.325%7.560%
1st payment$1,134.74$1,134.74$4,110.66
2nd payment$0.00$2,589.54$0.00
Taxes / mo$162.33$162.33$162.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$119.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,463.74$4,053.29$4,559.34
Cash to close$467,452$66,490$66,490