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$166,215$166,215$300,600
Remaining term (yrs)19.919.930.0
Secondary amount$0$134,385$0
Funding fee$831$831$0
Note rate3.440%3.440%7.400%
Blended rate3.440%5.479%7.640%
1st payment$956.10$956.10$2,081.29
2nd payment$0.00$895.90$0.00
Taxes / mo$278.33$278.33$278.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.12
HOA / mo$78.00$78.00$78.00
Total monthly$1,462.43$2,358.33$2,647.75
Cash to close$167,785$33,400$33,400