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$165,055$165,055$382,500
Remaining term (yrs)19.819.830.0
Secondary amount$0$217,445$0
Funding fee$825$825$0
Note rate3.540%3.540%7.320%
Blended rate3.540%5.933%7.560%
1st payment$963.42$963.42$2,627.51
2nd payment$0.00$1,404.33$0.00
Taxes / mo$637.33$637.33$637.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$103.33$103.33$103.33
Total monthly$1,854.08$3,258.41$3,594.67
Cash to close$259,945$42,500$42,500