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$123,996$123,996$387,000
Remaining term (yrs)23.323.330.0
Secondary amount$0$263,004$0
Funding fee$620$620$0
Note rate3.720%3.720%7.320%
Blended rate3.720%6.459%7.560%
1st payment$661.66$661.66$2,658.42
2nd payment$0.00$1,698.57$0.00
Taxes / mo$92.17$92.17$92.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.40
HOA / mo$30.00$30.00$30.00
Total monthly$933.83$2,632.39$3,007.99
Cash to close$306,004$43,000$43,000