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$102,196$102,196$301,500
Remaining term (yrs)21.021.030.0
Secondary amount$0$199,304$0
Funding fee$511$511$0
Note rate3.830%3.830%7.400%
Blended rate3.830%6.587%7.640%
1st payment$587.84$587.84$2,087.53
2nd payment$0.00$1,328.69$0.00
Taxes / mo$129.66$129.66$129.66
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.30
HOA / mo$0.00$0.00$0.00
Total monthly$867.50$2,196.19$2,427.49
Cash to close$232,804$33,500$33,500