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$125,247$125,247$283,500
Remaining term (yrs)15.615.630.0
Secondary amount$0$158,253$0
Funding fee$626$626$0
Note rate3.880%3.880%7.400%
Blended rate3.880%6.180%7.640%
1st payment$886.70$886.70$1,962.90
2nd payment$0.00$1,055.02$0.00
Taxes / mo$262.50$262.50$262.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$22.00$22.00$22.00
Total monthly$1,321.20$2,376.22$2,454.10
Cash to close$189,753$31,500$31,500