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$159,493$159,493$418,500
Remaining term (yrs)16.316.330.0
Secondary amount$0$259,007$0
Funding fee$797$797$0
Note rate3.310%3.310%7.320%
Blended rate3.310%6.058%7.560%
1st payment$1,046.49$1,046.49$2,874.80
2nd payment$0.00$1,672.75$0.00
Taxes / mo$110.50$110.50$110.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$33.33$33.33$33.33
Total monthly$1,356.99$3,029.74$3,269.00
Cash to close$305,507$46,500$46,500