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$158,098$158,098$382,320
Remaining term (yrs)15.915.930.0
Secondary amount$0$224,222$0
Funding fee$790$790$0
Note rate3.660%3.660%7.400%
Blended rate3.660%6.059%7.640%
1st payment$1,084.99$1,084.99$2,647.11
2nd payment$0.00$1,448.10$0.00
Taxes / mo$180.75$180.75$180.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.46
HOA / mo$45.00$45.00$45.00
Total monthly$1,460.74$2,908.84$3,099.32
Cash to close$266,702$42,480$42,480