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$153,951$153,951$382,500
Remaining term (yrs)18.918.930.0
Secondary amount$0$228,549$0
Funding fee$770$770$0
Note rate3.980%3.980%7.400%
Blended rate3.980%6.233%7.640%
1st payment$963.47$963.47$2,648.35
2nd payment$0.00$1,476.05$0.00
Taxes / mo$275.08$275.08$275.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$107.33$107.33$107.33
Total monthly$1,495.88$2,971.93$3,257.27
Cash to close$271,049$42,500$42,500