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$165,976$165,976$359,100
Remaining term (yrs)21.521.530.0
Secondary amount$0$193,124$0
Funding fee$830$830$0
Note rate4.320%4.320%7.320%
Blended rate4.320%6.299%7.560%
1st payment$984.13$984.13$2,466.77
2nd payment$0.00$1,287.50$0.00
Taxes / mo$332.50$332.50$332.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$280.00$280.00$280.00
Total monthly$1,746.63$3,034.13$3,301.09
Cash to close$233,024$39,900$39,900