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$172,111$172,111$378,000
Remaining term (yrs)20.220.230.0
Secondary amount$0$205,889$0
Funding fee$861$861$0
Note rate3.470%3.470%7.320%
Blended rate3.470%5.801%7.560%
1st payment$984.22$984.22$2,596.60
2nd payment$0.00$1,329.70$0.00
Taxes / mo$262.02$262.02$262.02
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,396.24$2,725.94$3,084.22
Cash to close$247,889$42,000$42,000