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$165,677$165,677$400,500
Remaining term (yrs)23.523.530.0
Secondary amount$0$234,823$0
Funding fee$828$828$0
Note rate3.450%3.450%7.400%
Blended rate3.450%5.971%7.640%
1st payment$854.38$854.38$2,772.98
2nd payment$0.00$1,516.56$0.00
Taxes / mo$30.92$30.92$30.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,035.30$2,551.86$3,034.00
Cash to close$279,323$44,500$44,500