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$163,614$163,614$337,410
Remaining term (yrs)23.623.630.0
Secondary amount$0$173,796$0
Funding fee$818$818$0
Note rate3.310%3.310%7.400%
Blended rate3.310%5.726%7.640%
1st payment$829.75$829.75$2,336.16
2nd payment$0.00$1,158.64$0.00
Taxes / mo$37.75$37.75$37.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.48
HOA / mo$41.00$41.00$41.00
Total monthly$1,058.50$2,217.14$2,632.39
Cash to close$211,286$37,490$37,490