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$181,393$181,393$373,500
Remaining term (yrs)23.423.430.0
Secondary amount$0$192,107$0
Funding fee$907$907$0
Note rate3.470%3.470%7.320%
Blended rate3.470%5.800%7.560%
1st payment$939.48$939.48$2,565.69
2nd payment$0.00$1,280.72$0.00
Taxes / mo$958.50$958.50$958.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,047.98$3,328.70$3,748.89
Cash to close$233,607$41,500$41,500