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$156,688$156,688$328,500
Remaining term (yrs)18.518.530.0
Secondary amount$0$171,812$0
Funding fee$783$783$0
Note rate3.780%3.780%7.400%
Blended rate3.780%5.987%7.640%
1st payment$976.12$976.12$2,274.47
2nd payment$0.00$1,145.42$0.00
Taxes / mo$882.00$882.00$882.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,008.12$3,153.54$3,372.17
Cash to close$208,312$36,500$36,500