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$162,927$162,927$341,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$178,983$0
Funding fee$815$815$0
Note rate3.230%3.230%7.400%
Blended rate3.230%5.727%7.640%
1st payment$817.54$817.54$2,367.32
2nd payment$0.00$1,193.22$0.00
Taxes / mo$230.08$230.08$230.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.38
HOA / mo$22.50$22.50$22.50
Total monthly$1,220.12$2,413.34$2,838.28
Cash to close$216,973$37,990$37,990