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$167,097$167,097$305,910
Remaining term (yrs)23.423.430.0
Secondary amount$0$138,813$0
Funding fee$835$835$0
Note rate3.620%3.620%7.400%
Blended rate3.620%5.608%7.640%
1st payment$880.73$880.73$2,118.06
2nd payment$0.00$925.42$0.00
Taxes / mo$165.17$165.17$165.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,195.90$2,121.32$2,494.41
Cash to close$172,803$33,990$33,990