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$117,407$117,407$314,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$197,503$0
Funding fee$587$587$0
Note rate3.020%3.020%7.320%
Blended rate3.020%6.143%7.560%
1st payment$572.23$572.23$2,163.21
2nd payment$0.00$1,316.68$0.00
Taxes / mo$461.30$461.30$461.30
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$91.00$91.00$91.00
Total monthly$1,274.53$2,591.21$2,928.49
Cash to close$232,493$34,990$34,990