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$168,727$168,727$365,310
Remaining term (yrs)18.418.430.0
Secondary amount$0$196,583$0
Funding fee$844$844$0
Note rate3.730%3.730%7.320%
Blended rate3.730%6.028%7.560%
1st payment$1,053.32$1,053.32$2,509.43
2nd payment$0.00$1,310.55$0.00
Taxes / mo$294.75$294.75$294.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.06
HOA / mo$484.00$484.00$484.00
Total monthly$1,982.07$3,292.62$3,511.24
Cash to close$237,173$40,590$40,590