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$98,316$98,316$308,700
Remaining term (yrs)15.315.330.0
Secondary amount$0$210,384$0
Funding fee$492$492$0
Note rate3.990%3.990%7.400%
Blended rate3.990%6.552%7.640%
1st payment$712.40$712.40$2,137.38
2nd payment$0.00$1,358.73$0.00
Taxes / mo$174.28$174.28$174.28
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.74
HOA / mo$0.00$0.00$0.00
Total monthly$1,036.68$2,395.41$2,523.40
Cash to close$244,684$34,300$34,300