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$173,276$173,276$495,000
Remaining term (yrs)18.918.930.0
Secondary amount$0$321,724$0
Funding fee$866$866$0
Note rate3.910%3.910%7.400%
Blended rate3.910%6.406%7.640%
1st payment$1,078.09$1,078.09$3,427.28
2nd payment$0.00$2,077.80$0.00
Taxes / mo$162.33$162.33$162.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,407.09$3,484.90$3,855.28
Cash to close$376,724$55,000$55,000