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$91,267$91,267$243,000
Remaining term (yrs)20.120.130.0
Secondary amount$0$151,733$0
Funding fee$456$456$0
Note rate3.480%3.480%7.400%
Blended rate3.480%6.302%7.640%
1st payment$523.86$523.86$1,682.48
2nd payment$0.00$1,011.56$0.00
Taxes / mo$115.67$115.67$115.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$48.60
HOA / mo$0.00$0.00$0.00
Total monthly$789.52$1,801.08$1,996.75
Cash to close$178,733$27,000$27,000