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$155,430$155,430$449,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$293,670$0
Funding fee$777$777$0
Note rate3.160%3.160%7.400%
Blended rate3.160%6.161%7.640%
1st payment$770.64$770.64$3,109.48
2nd payment$0.00$1,896.62$0.00
Taxes / mo$281.67$281.67$281.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$155.00$155.00$155.00
Total monthly$1,373.97$3,270.59$3,802.63
Cash to close$343,570$49,900$49,900