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$57,565$57,565$215,910
Remaining term (yrs)15.815.830.0
Secondary amount$0$158,345$0
Funding fee$288$288$0
Note rate3.680%3.680%7.400%
Blended rate3.680%6.848%7.640%
1st payment$398.67$398.67$1,494.92
2nd payment$0.00$1,055.64$0.00
Taxes / mo$307.30$307.30$307.30
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$855.97$1,911.60$1,995.40
Cash to close$182,335$23,990$23,990