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$154,355$154,355$337,410
Remaining term (yrs)16.616.630.0
Secondary amount$0$183,055$0
Funding fee$772$772$0
Note rate3.410%3.410%7.320%
Blended rate3.410%5.900%7.560%
1st payment$1,009.07$1,009.07$2,317.77
2nd payment$0.00$1,220.37$0.00
Taxes / mo$159.58$159.58$159.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,318.65$2,539.02$2,694.84
Cash to close$220,545$37,490$37,490