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$160,614$160,614$413,996
Remaining term (yrs)15.915.930.0
Secondary amount$0$253,382$0
Funding fee$803$803$0
Note rate3.550%3.550%7.400%
Blended rate3.550%6.121%7.640%
1st payment$1,093.45$1,093.45$2,866.42
2nd payment$0.00$1,636.42$0.00
Taxes / mo$383.33$383.33$383.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.80
HOA / mo$12.33$12.33$12.33
Total monthly$1,655.78$3,292.20$3,511.55
Cash to close$299,381$46,000$46,000