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$47,342$47,342$251,010
Remaining term (yrs)16.316.330.0
Secondary amount$0$203,668$0
Funding fee$237$237$0
Note rate3.410%3.410%7.320%
Blended rate3.410%6.931%7.560%
1st payment$312.97$312.97$1,724.26
2nd payment$0.00$1,315.36$0.00
Taxes / mo$68.92$68.92$68.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.20
HOA / mo$95.00$95.00$95.00
Total monthly$626.89$1,942.24$2,088.38
Cash to close$231,558$27,890$27,890