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$168,450$168,450$332,100
Remaining term (yrs)23.023.030.0
Secondary amount$0$163,650$0
Funding fee$842$842$0
Note rate3.560%3.560%7.400%
Blended rate3.560%5.748%7.640%
1st payment$890.61$890.61$2,299.39
2nd payment$0.00$1,091.00$0.00
Taxes / mo$91.92$91.92$91.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,132.53$2,223.53$2,607.73
Cash to close$200,550$36,900$36,900