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$137,364$137,364$391,500
Remaining term (yrs)20.820.830.0
Secondary amount$0$254,136$0
Funding fee$687$687$0
Note rate3.880%3.880%7.320%
Blended rate3.880%6.392%7.560%
1st payment$799.89$799.89$2,689.33
2nd payment$0.00$1,641.29$0.00
Taxes / mo$229.25$229.25$229.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.30
HOA / mo$157.00$157.00$157.00
Total monthly$1,336.14$2,977.43$3,303.88
Cash to close$297,636$43,500$43,500