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$161,730$161,730$422,100
Remaining term (yrs)20.120.130.0
Secondary amount$0$260,370$0
Funding fee$809$809$0
Note rate3.520%3.520%7.320%
Blended rate3.520%6.129%7.560%
1st payment$931.64$931.64$2,899.53
2nd payment$0.00$1,681.56$0.00
Taxes / mo$390.83$390.83$390.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.42
HOA / mo$425.00$425.00$425.00
Total monthly$1,914.14$3,595.70$3,966.45
Cash to close$307,270$46,900$46,900