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$82,747$82,747$287,999
Remaining term (yrs)19.819.830.0
Secondary amount$0$205,252$0
Funding fee$414$414$0
Note rate3.480%3.480%7.400%
Blended rate3.480%6.523%7.640%
1st payment$480.44$480.44$1,994.05
2nd payment$0.00$1,325.59$0.00
Taxes / mo$163.83$163.83$163.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.60
HOA / mo$0.00$0.00$0.00
Total monthly$794.27$2,119.86$2,365.48
Cash to close$237,252$32,000$32,000