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$45,952$45,952$312,300
Remaining term (yrs)19.019.030.0
Secondary amount$0$266,348$0
Funding fee$230$230$0
Note rate3.860%3.860%7.400%
Blended rate3.860%7.178%7.640%
1st payment$283.04$283.04$2,162.30
2nd payment$0.00$1,720.16$0.00
Taxes / mo$695.25$695.25$695.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.46
HOA / mo$12.50$12.50$12.50
Total monthly$1,140.79$2,860.95$3,082.51
Cash to close$301,048$34,700$34,700