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$116,090$116,090$346,410
Remaining term (yrs)15.415.430.0
Secondary amount$0$230,320$0
Funding fee$580$580$0
Note rate3.950%3.950%7.320%
Blended rate3.950%6.477%7.560%
1st payment$832.34$832.34$2,379.60
2nd payment$0.00$1,487.48$0.00
Taxes / mo$573.67$573.67$573.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.28
HOA / mo$530.00$530.00$530.00
Total monthly$2,086.00$3,573.49$3,702.55
Cash to close$268,810$38,490$38,490