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$91,459$91,459$322,110
Remaining term (yrs)16.716.730.0
Secondary amount$0$230,651$0
Funding fee$457$457$0
Note rate3.810%3.810%7.320%
Blended rate3.810%6.631%7.560%
1st payment$614.07$614.07$2,212.67
2nd payment$0.00$1,489.62$0.00
Taxes / mo$138.75$138.75$138.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.42
HOA / mo$201.33$201.33$201.33
Total monthly$1,104.15$2,593.77$2,767.17
Cash to close$266,441$35,790$35,790