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$157,864$157,864$396,000
Remaining term (yrs)19.619.630.0
Secondary amount$0$238,136$0
Funding fee$789$789$0
Note rate3.180%3.180%7.320%
Blended rate3.180%5.928%7.560%
1st payment$897.87$897.87$2,720.25
2nd payment$0.00$1,537.96$0.00
Taxes / mo$408.50$408.50$408.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$79.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,456.37$2,994.33$3,357.95
Cash to close$282,136$44,000$44,000