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$107,371$107,371$341,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$233,729$0
Funding fee$537$537$0
Note rate3.100%3.100%7.320%
Blended rate3.100%6.286%7.560%
1st payment$510.28$510.28$2,343.12
2nd payment$0.00$1,509.50$0.00
Taxes / mo$315.83$315.83$315.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.22
HOA / mo$0.00$0.00$0.00
Total monthly$976.12$2,485.62$2,877.17
Cash to close$271,629$37,900$37,900