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$129,252$129,252$314,100
Remaining term (yrs)20.920.930.0
Secondary amount$0$184,848$0
Funding fee$646$646$0
Note rate3.890%3.890%7.320%
Blended rate3.890%6.309%7.560%
1st payment$751.40$751.40$2,157.65
2nd payment$0.00$1,232.32$0.00
Taxes / mo$189.58$189.58$189.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,090.98$2,323.30$2,560.05
Cash to close$219,748$34,900$34,900