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$171,315$171,315$337,500
Remaining term (yrs)22.722.730.0
Secondary amount$0$166,185$0
Funding fee$857$857$0
Note rate3.990%3.990%7.400%
Blended rate3.990%5.965%7.640%
1st payment$953.68$953.68$2,336.78
2nd payment$0.00$1,107.90$0.00
Taxes / mo$62.17$62.17$62.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,165.84$2,273.74$2,616.45
Cash to close$203,685$37,500$37,500