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$168,000$168,000$401,310
Remaining term (yrs)19.519.530.0
Secondary amount$0$233,310$0
Funding fee$840$840$0
Note rate3.690%3.690%7.400%
Blended rate3.690%6.050%7.640%
1st payment$1,002.18$1,002.18$2,778.59
2nd payment$0.00$1,506.79$0.00
Taxes / mo$371.58$371.58$371.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.26
HOA / mo$0.00$0.00$0.00
Total monthly$1,523.77$3,030.56$3,380.43
Cash to close$277,900$44,590$44,590