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$124,366$124,366$332,100
Remaining term (yrs)15.615.630.0
Secondary amount$0$207,734$0
Funding fee$622$622$0
Note rate3.910%3.910%7.320%
Blended rate3.910%6.312%7.560%
1st payment$882.34$882.34$2,281.30
2nd payment$0.00$1,341.62$0.00
Taxes / mo$848.67$848.67$848.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,881.00$3,222.62$3,346.38
Cash to close$244,634$36,900$36,900