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$121,742$121,742$369,000
Remaining term (yrs)15.815.830.0
Secondary amount$0$247,258$0
Funding fee$609$609$0
Note rate3.660%3.660%7.320%
Blended rate3.660%6.401%7.560%
1st payment$841.92$841.92$2,534.77
2nd payment$0.00$1,596.88$0.00
Taxes / mo$660.17$660.17$660.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.80
HOA / mo$603.00$603.00$603.00
Total monthly$2,255.08$3,851.96$4,021.74
Cash to close$288,258$41,000$41,000