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$136,398$136,398$382,500
Remaining term (yrs)19.619.630.0
Secondary amount$0$246,102$0
Funding fee$682$682$0
Note rate3.580%3.580%7.400%
Blended rate3.580%6.263%7.640%
1st payment$803.58$803.58$2,648.35
2nd payment$0.00$1,589.41$0.00
Taxes / mo$354.17$354.17$354.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$37.50$37.50$37.50
Total monthly$1,345.25$2,934.66$3,266.52
Cash to close$288,602$42,500$42,500