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$100,864$100,864$314,100
Remaining term (yrs)19.419.430.0
Secondary amount$0$213,236$0
Funding fee$504$504$0
Note rate3.720%3.720%7.400%
Blended rate3.720%6.456%7.640%
1st payment$606.76$606.76$2,174.76
2nd payment$0.00$1,377.15$0.00
Taxes / mo$290.83$290.83$290.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.82
HOA / mo$385.00$385.00$385.00
Total monthly$1,432.59$2,809.74$3,063.42
Cash to close$248,136$34,900$34,900