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$99,497$99,497$292,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$193,003$0
Funding fee$497$497$0
Note rate3.020%3.020%7.400%
Blended rate3.020%6.306%7.640%
1st payment$486.09$486.09$2,025.21
2nd payment$0.00$1,286.69$0.00
Taxes / mo$135.58$135.58$135.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$771.67$2,058.36$2,369.29
Cash to close$225,503$32,500$32,500