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$156,879$156,879$431,910
Remaining term (yrs)18.318.330.0
Secondary amount$0$275,031$0
Funding fee$784$784$0
Note rate3.930%3.930%7.400%
Blended rate3.930%6.362%7.640%
1st payment$998.58$998.58$2,990.46
2nd payment$0.00$1,776.24$0.00
Taxes / mo$278.92$278.92$278.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,444.17$3,220.41$3,522.42
Cash to close$323,021$47,990$47,990