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$125,311$125,311$287,955
Remaining term (yrs)20.020.030.0
Secondary amount$0$162,644$0
Funding fee$627$627$0
Note rate3.500%3.500%7.320%
Blended rate3.500%6.042%7.560%
1st payment$722.60$722.60$1,978.05
2nd payment$0.00$1,084.30$0.00
Taxes / mo$266.63$266.63$266.63
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.59
HOA / mo$0.00$0.00$0.00
Total monthly$1,139.23$2,223.52$2,452.27
Cash to close$194,639$31,995$31,995