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$168,870$168,870$301,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$132,630$0
Funding fee$844$844$0
Note rate3.600%3.600%7.400%
Blended rate3.600%5.536%7.640%
1st payment$898.49$898.49$2,087.53
2nd payment$0.00$884.20$0.00
Taxes / mo$143.83$143.83$143.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,192.33$2,076.53$2,441.66
Cash to close$166,130$33,500$33,500