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$162,131$162,131$414,000
Remaining term (yrs)18.318.330.0
Secondary amount$0$251,869$0
Funding fee$811$811$0
Note rate3.670%3.670%7.320%
Blended rate3.670%6.152%7.560%
1st payment$1,007.16$1,007.16$2,843.89
2nd payment$0.00$1,626.66$0.00
Taxes / mo$245.27$245.27$245.27
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,419.10$3,045.76$3,338.63
Cash to close$297,869$46,000$46,000