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$151,983$151,983$305,910
Remaining term (yrs)19.919.930.0
Secondary amount$0$153,927$0
Funding fee$760$760$0
Note rate3.430%3.430%7.400%
Blended rate3.430%5.730%7.640%
1st payment$875.99$875.99$2,118.06
2nd payment$0.00$1,026.18$0.00
Taxes / mo$283.25$283.25$283.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,309.24$2,335.41$2,612.49
Cash to close$187,917$33,990$33,990