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$103,297$103,297$313,999
Remaining term (yrs)18.318.330.0
Secondary amount$0$210,703$0
Funding fee$516$516$0
Note rate3.830%3.830%7.320%
Blended rate3.830%6.460%7.560%
1st payment$652.18$652.18$2,156.96
2nd payment$0.00$1,360.79$0.00
Taxes / mo$141.67$141.67$141.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.80
HOA / mo$75.00$75.00$75.00
Total monthly$1,018.85$2,379.64$2,586.42
Cash to close$245,591$34,889$34,889