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$133,254$133,254$312,300
Remaining term (yrs)19.519.530.0
Secondary amount$0$179,046$0
Funding fee$666$666$0
Note rate3.590%3.590%7.400%
Blended rate3.590%6.118%7.640%
1st payment$788.03$788.03$2,162.30
2nd payment$0.00$1,193.64$0.00
Taxes / mo$175.67$175.67$175.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.46
HOA / mo$16.67$16.67$16.67
Total monthly$1,130.37$2,324.01$2,567.10
Cash to close$213,746$34,700$34,700