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$166,767$166,767$386,799
Remaining term (yrs)19.619.630.0
Secondary amount$0$220,033$0
Funding fee$834$834$0
Note rate3.590%3.590%7.400%
Blended rate3.590%5.956%7.640%
1st payment$983.35$983.35$2,678.12
2nd payment$0.00$1,421.05$0.00
Taxes / mo$358.15$358.15$358.15
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.36
HOA / mo$0.00$0.00$0.00
Total monthly$1,491.50$2,912.55$3,263.63
Cash to close$263,010$42,978$42,978