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$106,495$106,495$376,110
Remaining term (yrs)16.416.430.0
Secondary amount$0$269,615$0
Funding fee$532$532$0
Note rate3.520%3.520%7.400%
Blended rate3.520%6.552%7.640%
1st payment$707.21$707.21$2,604.11
2nd payment$0.00$1,741.27$0.00
Taxes / mo$437.50$437.50$437.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.22
HOA / mo$33.33$33.33$33.33
Total monthly$1,328.04$3,069.31$3,300.16
Cash to close$311,405$41,790$41,790