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$150,264$150,264$341,100
Remaining term (yrs)16.516.530.0
Secondary amount$0$190,836$0
Funding fee$751$751$0
Note rate3.540%3.540%7.400%
Blended rate3.540%6.035%7.640%
1st payment$995.71$995.71$2,361.71
2nd payment$0.00$1,272.24$0.00
Taxes / mo$315.83$315.83$315.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,461.54$2,733.78$2,895.76
Cash to close$228,736$37,900$37,900