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$107,215$107,215$287,910
Remaining term (yrs)20.120.130.0
Secondary amount$0$180,695$0
Funding fee$536$536$0
Note rate3.460%3.460%7.320%
Blended rate3.460%6.309%7.560%
1st payment$614.30$614.30$1,977.74
2nd payment$0.00$1,204.63$0.00
Taxes / mo$176.00$176.00$176.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.58
HOA / mo$0.00$0.00$0.00
Total monthly$940.30$2,144.93$2,361.32
Cash to close$212,685$31,990$31,990