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$161,573$161,573$373,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$211,927$0
Funding fee$808$808$0
Note rate3.100%3.100%7.400%
Blended rate3.100%5.738%7.640%
1st payment$767.88$767.88$2,586.04
2nd payment$0.00$1,368.70$0.00
Taxes / mo$202.58$202.58$202.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,120.46$2,489.16$3,013.32
Cash to close$253,427$41,500$41,500