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$164,303$164,303$337,950
Remaining term (yrs)19.319.330.0
Secondary amount$0$173,647$0
Funding fee$822$822$0
Note rate3.960%3.960%7.400%
Blended rate3.960%6.036%7.640%
1st payment$1,011.78$1,011.78$2,339.90
2nd payment$0.00$1,157.65$0.00
Taxes / mo$275.83$275.83$275.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.59
HOA / mo$16.67$16.67$16.67
Total monthly$1,454.28$2,611.92$2,849.99
Cash to close$211,197$37,550$37,550