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$158,845$158,845$351,000
Remaining term (yrs)20.320.330.0
Secondary amount$0$192,155$0
Funding fee$794$794$0
Note rate2.670%2.670%7.400%
Blended rate2.670%5.588%7.640%
1st payment$841.74$841.74$2,430.25
2nd payment$0.00$1,281.03$0.00
Taxes / mo$325.00$325.00$325.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$317.00$317.00$317.00
Total monthly$1,633.74$2,914.77$3,292.45
Cash to close$231,155$39,000$39,000