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$146,714$146,714$301,500
Remaining term (yrs)19.719.730.0
Secondary amount$0$154,786$0
Funding fee$734$734$0
Note rate3.600%3.600%7.400%
Blended rate3.600%5.859%7.640%
1st payment$863.37$863.37$2,087.53
2nd payment$0.00$1,031.91$0.00
Taxes / mo$64.08$64.08$64.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.30
HOA / mo$230.00$230.00$230.00
Total monthly$1,307.45$2,339.36$2,591.91
Cash to close$188,286$33,500$33,500