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$132,399$132,399$413,100
Remaining term (yrs)18.618.630.0
Secondary amount$0$280,701$0
Funding fee$662$662$0
Note rate3.670%3.670%7.320%
Blended rate3.670%6.442%7.560%
1st payment$814.80$814.80$2,837.71
2nd payment$0.00$1,812.86$0.00
Taxes / mo$382.50$382.50$382.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.62
HOA / mo$95.00$95.00$95.00
Total monthly$1,458.97$3,271.83$3,564.50
Cash to close$326,601$45,900$45,900