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$145,634$145,634$353,699
Remaining term (yrs)19.519.530.0
Secondary amount$0$208,065$0
Funding fee$728$728$0
Note rate3.690%3.690%7.320%
Blended rate3.690%6.078%7.560%
1st payment$868.76$868.76$2,429.67
2nd payment$0.00$1,343.75$0.00
Taxes / mo$163.00$163.00$163.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.74
HOA / mo$120.00$120.00$120.00
Total monthly$1,301.76$2,645.51$2,933.41
Cash to close$247,365$39,300$39,300