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$114,116$114,116$319,410
Remaining term (yrs)16.616.630.0
Secondary amount$0$205,294$0
Funding fee$571$571$0
Note rate3.400%3.400%7.400%
Blended rate3.400%6.196%7.640%
1st payment$745.45$745.45$2,211.53
2nd payment$0.00$1,325.86$0.00
Taxes / mo$140.69$140.69$140.69
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.88
HOA / mo$340.00$340.00$340.00
Total monthly$1,376.15$2,702.00$2,906.11
Cash to close$240,784$35,490$35,490