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$141,440$141,440$422,100
Remaining term (yrs)23.723.730.0
Secondary amount$0$280,660$0
Funding fee$707$707$0
Note rate3.310%3.310%7.320%
Blended rate3.310%6.262%7.560%
1st payment$715.65$715.65$2,899.53
2nd payment$0.00$1,812.60$0.00
Taxes / mo$148.61$148.61$148.61
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,030.92$2,843.52$3,299.23
Cash to close$327,560$46,900$46,900