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$88,713$88,713$314,100
Remaining term (yrs)25.125.130.0
Secondary amount$0$225,387$0
Funding fee$444$444$0
Note rate3.070%3.070%7.400%
Blended rate3.070%6.428%7.640%
1st payment$421.13$421.13$2,174.76
2nd payment$0.00$1,455.62$0.00
Taxes / mo$164.03$164.03$164.03
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.82
HOA / mo$25.00$25.00$25.00
Total monthly$760.16$2,215.78$2,576.61
Cash to close$260,287$34,900$34,900