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$169,599$169,599$436,410
Remaining term (yrs)19.919.930.0
Secondary amount$0$266,811$0
Funding fee$848$848$0
Note rate3.460%3.460%7.400%
Blended rate3.460%6.083%7.640%
1st payment$980.12$980.12$3,021.61
2nd payment$0.00$1,723.15$0.00
Taxes / mo$108.13$108.13$108.13
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$87.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,254.92$2,978.07$3,383.69
Cash to close$315,301$48,490$48,490