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$157,429$157,429$401,400
Remaining term (yrs)15.815.830.0
Secondary amount$0$243,971$0
Funding fee$787$787$0
Note rate3.620%3.620%7.320%
Blended rate3.620%6.130%7.560%
1st payment$1,085.58$1,085.58$2,757.34
2nd payment$0.00$1,575.65$0.00
Taxes / mo$371.67$371.67$371.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.28
HOA / mo$20.83$20.83$20.83
Total monthly$1,628.07$3,203.72$3,380.12
Cash to close$288,571$44,600$44,600