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$138,272$138,272$323,910
Remaining term (yrs)21.321.330.0
Secondary amount$0$185,638$0
Funding fee$691$691$0
Note rate3.990%3.990%7.320%
Blended rate3.990%6.288%7.560%
1st payment$801.09$801.09$2,225.04
2nd payment$0.00$1,237.59$0.00
Taxes / mo$314.42$314.42$314.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.78
HOA / mo$0.58$0.58$0.58
Total monthly$1,266.09$2,503.67$2,754.82
Cash to close$221,628$35,990$35,990