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$163,861$163,861$404,999
Remaining term (yrs)16.316.330.0
Secondary amount$0$241,138$0
Funding fee$819$819$0
Note rate3.350%3.350%7.400%
Blended rate3.350%5.970%7.640%
1st payment$1,082.49$1,082.49$2,804.13
2nd payment$0.00$1,557.35$0.00
Taxes / mo$219.50$219.50$219.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,451.99$3,009.35$3,254.63
Cash to close$286,138$45,000$45,000