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$103,240$103,240$333,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$229,760$0
Funding fee$516$516$0
Note rate3.450%3.450%7.320%
Blended rate3.450%6.417%7.560%
1st payment$507.73$507.73$2,287.48
2nd payment$0.00$1,483.87$0.00
Taxes / mo$308.33$308.33$308.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.60
HOA / mo$0.00$0.00$0.00
Total monthly$966.06$2,449.93$2,812.41
Cash to close$266,760$37,000$37,000