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$114,395$114,395$319,410
Remaining term (yrs)16.616.630.0
Secondary amount$0$205,015$0
Funding fee$572$572$0
Note rate3.450%3.450%7.400%
Blended rate3.450%6.210%7.640%
1st payment$750.12$750.12$2,211.53
2nd payment$0.00$1,324.05$0.00
Taxes / mo$140.67$140.67$140.67
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$1,380.79$2,704.84$2,906.08
Cash to close$240,505$35,490$35,490