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$114,594$114,594$269,550
Remaining term (yrs)16.616.630.0
Secondary amount$0$154,956$0
Funding fee$573$573$0
Note rate3.430%3.430%7.320%
Blended rate3.430%6.057%7.560%
1st payment$750.28$750.28$1,851.62
2nd payment$0.00$1,033.04$0.00
Taxes / mo$362.50$362.50$362.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.91
HOA / mo$0.00$0.00$0.00
Total monthly$1,262.78$2,295.82$2,418.03
Cash to close$184,906$29,950$29,950