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$172,348$172,348$566,100
Remaining term (yrs)20.120.130.0
Secondary amount$0$393,752$0
Funding fee$862$862$0
Note rate3.520%3.520%7.240%
Blended rate3.520%6.462%7.480%
1st payment$992.80$992.80$3,857.96
2nd payment$0.00$2,542.98$0.00
Taxes / mo$524.17$524.17$524.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$113.22
HOA / mo$395.00$395.00$395.00
Total monthly$2,078.64$4,621.62$5,057.01
Cash to close$456,652$62,900$62,900