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$163,805$163,805$278,999
Remaining term (yrs)19.119.130.0
Secondary amount$0$115,194$0
Funding fee$819$819$0
Note rate3.420%3.420%7.400%
Blended rate3.420%5.311%7.640%
1st payment$968.94$968.94$1,931.73
2nd payment$0.00$767.96$0.00
Taxes / mo$258.33$258.33$258.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.80
HOA / mo$187.00$187.00$187.00
Total monthly$1,564.27$2,332.23$2,582.87
Cash to close$146,194$31,000$31,000