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$139,338$139,338$296,550
Remaining term (yrs)15.915.930.0
Secondary amount$0$157,212$0
Funding fee$697$697$0
Note rate3.600%3.600%7.400%
Blended rate3.600%5.933%7.640%
1st payment$952.07$952.07$2,053.25
2nd payment$0.00$1,048.08$0.00
Taxes / mo$353.67$353.67$353.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.31
HOA / mo$0.00$0.00$0.00
Total monthly$1,455.74$2,503.82$2,616.23
Cash to close$190,162$32,950$32,950