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$151,326$151,326$315,000
Remaining term (yrs)18.418.430.0
Secondary amount$0$163,674$0
Funding fee$757$757$0
Note rate3.660%3.660%7.320%
Blended rate3.660%5.915%7.560%
1st payment$939.26$939.26$2,163.83
2nd payment$0.00$1,091.16$0.00
Taxes / mo$228.92$228.92$228.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,318.18$2,409.34$2,605.75
Cash to close$198,674$35,000$35,000