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$175,581$175,581$335,700
Remaining term (yrs)19.519.530.0
Secondary amount$0$160,119$0
Funding fee$878$878$0
Note rate3.730%3.730%7.400%
Blended rate3.730%5.767%7.640%
1st payment$1,051.04$1,051.04$2,324.32
2nd payment$0.00$1,067.46$0.00
Taxes / mo$310.83$310.83$310.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.14
HOA / mo$78.00$78.00$78.00
Total monthly$1,589.88$2,657.34$2,930.29
Cash to close$197,419$37,300$37,300