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$113,404$113,404$269,100
Remaining term (yrs)23.623.630.0
Secondary amount$0$155,696$0
Funding fee$567$567$0
Note rate3.260%3.260%7.320%
Blended rate3.260%6.002%7.560%
1st payment$572.15$572.15$1,848.53
2nd payment$0.00$1,037.97$0.00
Taxes / mo$249.17$249.17$249.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$971.31$2,009.28$2,301.52
Cash to close$185,596$29,900$29,900