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$130,673$130,673$333,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$202,327$0
Funding fee$653$653$0
Note rate3.030%3.030%7.400%
Blended rate3.030%5.898%7.640%
1st payment$639.07$639.07$2,305.62
2nd payment$0.00$1,306.70$0.00
Taxes / mo$525.00$525.00$525.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.60
HOA / mo$180.00$180.00$180.00
Total monthly$1,494.07$2,800.76$3,227.22
Cash to close$239,327$37,000$37,000