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$173,494$173,494$472,410
Remaining term (yrs)25.525.530.0
Secondary amount$0$298,916$0
Funding fee$867$867$0
Note rate3.250%3.250%7.320%
Blended rate3.250%6.097%7.560%
1st payment$831.24$831.24$3,245.13
2nd payment$0.00$1,930.50$0.00
Taxes / mo$282.92$282.92$282.92
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.48
HOA / mo$50.00$50.00$50.00
Total monthly$1,330.83$3,261.32$3,839.19
Cash to close$351,406$52,490$52,490