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$132,502$132,502$409,500
Remaining term (yrs)19.919.930.0
Secondary amount$0$276,998$0
Funding fee$663$663$0
Note rate3.440%3.440%7.320%
Blended rate3.440%6.355%7.560%
1st payment$764.38$764.38$2,812.98
2nd payment$0.00$1,788.95$0.00
Taxes / mo$162.50$162.50$162.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$81.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,093.55$2,882.49$3,224.05
Cash to close$322,498$45,500$45,500