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$119,282$119,282$278,910
Remaining term (yrs)16.616.630.0
Secondary amount$0$159,628$0
Funding fee$596$596$0
Note rate3.410%3.410%7.400%
Blended rate3.410%6.037%7.640%
1st payment$779.79$779.79$1,931.12
2nd payment$0.00$1,064.19$0.00
Taxes / mo$258.25$258.25$258.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.78
HOA / mo$388.00$388.00$388.00
Total monthly$1,576.04$2,640.23$2,783.15
Cash to close$190,618$30,990$30,990