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$131,535$131,535$314,910
Remaining term (yrs)23.523.530.0
Secondary amount$0$183,375$0
Funding fee$658$658$0
Note rate3.450%3.450%7.400%
Blended rate3.450%6.100%7.640%
1st payment$678.31$678.31$2,180.37
2nd payment$0.00$1,222.50$0.00
Taxes / mo$130.58$130.58$130.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$958.90$2,181.40$2,523.94
Cash to close$218,365$34,990$34,990