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$140,421$140,421$301,410
Remaining term (yrs)19.019.030.0
Secondary amount$0$160,989$0
Funding fee$702$702$0
Note rate3.900%3.900%7.400%
Blended rate3.900%6.090%7.640%
1st payment$867.82$867.82$2,086.90
2nd payment$0.00$1,073.26$0.00
Taxes / mo$17.42$17.42$17.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.28
HOA / mo$75.00$75.00$75.00
Total monthly$1,110.24$2,183.50$2,389.60
Cash to close$194,479$33,490$33,490