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$162,131$162,131$328,500
Remaining term (yrs)19.919.930.0
Secondary amount$0$166,369$0
Funding fee$811$811$0
Note rate3.420%3.420%7.320%
Blended rate3.420%5.740%7.560%
1st payment$933.64$933.64$2,256.57
2nd payment$0.00$1,109.13$0.00
Taxes / mo$304.17$304.17$304.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$52.00$52.00$52.00
Total monthly$1,439.81$2,548.94$2,828.43
Cash to close$202,869$36,500$36,500