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$131,676$131,676$315,000
Remaining term (yrs)19.419.430.0
Secondary amount$0$183,324$0
Funding fee$658$658$0
Note rate3.650%3.650%7.320%
Blended rate3.650%6.182%7.560%
1st payment$785.06$785.06$2,163.83
2nd payment$0.00$1,222.16$0.00
Taxes / mo$499.47$499.47$499.47
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$20.33$20.33$20.33
Total monthly$1,454.86$2,677.02$2,896.64
Cash to close$218,324$35,000$35,000