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$193,224$193,224$369,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$175,776$0
Funding fee$966$966$0
Note rate3.160%3.160%7.320%
Blended rate3.160%5.466%7.560%
1st payment$958.02$958.02$2,534.77
2nd payment$0.00$1,171.84$0.00
Taxes / mo$142.08$142.08$142.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,250.11$2,421.95$2,900.66
Cash to close$216,776$41,000$41,000