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$166,352$166,352$348,300
Remaining term (yrs)24.824.830.0
Secondary amount$0$181,948$0
Funding fee$832$832$0
Note rate3.080%3.080%7.400%
Blended rate3.080%5.650%7.640%
1st payment$797.57$797.57$2,411.56
2nd payment$0.00$1,212.99$0.00
Taxes / mo$148.08$148.08$148.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.66
HOA / mo$20.00$20.00$20.00
Total monthly$1,115.65$2,328.64$2,799.30
Cash to close$220,648$38,700$38,700