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$147,536$147,536$359,100
Remaining term (yrs)23.823.830.0
Secondary amount$0$211,564$0
Funding fee$738$738$0
Note rate3.160%3.160%7.400%
Blended rate3.160%5.864%7.640%
1st payment$733.20$733.20$2,486.34
2nd payment$0.00$1,366.35$0.00
Taxes / mo$209.17$209.17$209.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$380.00$380.00$380.00
Total monthly$1,472.37$2,838.72$3,297.32
Cash to close$251,464$39,900$39,900