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$175,181$175,181$382,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$207,319$0
Funding fee$876$876$0
Note rate3.700%3.700%7.400%
Blended rate3.700%5.895%7.640%
1st payment$941.39$941.39$2,648.35
2nd payment$0.00$1,338.94$0.00
Taxes / mo$136.10$136.10$136.10
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$12.67$12.67$12.67
Total monthly$1,240.16$2,579.10$3,023.62
Cash to close$249,819$42,500$42,500