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$133,410$133,410$391,500
Remaining term (yrs)18.418.430.0
Secondary amount$0$258,090$0
Funding fee$667$667$0
Note rate3.710%3.710%7.400%
Blended rate3.710%6.373%7.640%
1st payment$828.88$828.88$2,710.67
2nd payment$0.00$1,666.83$0.00
Taxes / mo$87.08$87.08$87.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.30
HOA / mo$86.00$86.00$86.00
Total monthly$1,151.96$2,818.80$3,112.05
Cash to close$301,590$43,500$43,500