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$161,929$161,929$324,900
Remaining term (yrs)24.524.530.0
Secondary amount$0$162,971$0
Funding fee$810$810$0
Note rate3.020%3.020%7.400%
Blended rate3.020%5.518%7.640%
1st payment$776.54$776.54$2,249.54
2nd payment$0.00$1,086.47$0.00
Taxes / mo$214.50$214.50$214.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.98
HOA / mo$28.75$28.75$28.75
Total monthly$1,169.79$2,256.27$2,707.77
Cash to close$199,071$36,100$36,100