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$157,429$157,429$321,300
Remaining term (yrs)20.220.230.0
Secondary amount$0$163,871$0
Funding fee$787$787$0
Note rate3.770%3.770%7.400%
Blended rate3.770%5.927%7.640%
1st payment$924.75$924.75$2,224.62
2nd payment$0.00$1,092.47$0.00
Taxes / mo$256.49$256.49$256.49
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.26
HOA / mo$1.25$1.25$1.25
Total monthly$1,332.49$2,424.96$2,696.61
Cash to close$199,571$35,700$35,700