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$139,499$139,499$359,910
Remaining term (yrs)16.116.130.0
Secondary amount$0$220,411$0
Funding fee$697$697$0
Note rate3.370%3.370%7.400%
Blended rate3.370%6.052%7.640%
1st payment$930.03$930.03$2,491.94
2nd payment$0.00$1,423.49$0.00
Taxes / mo$170.17$170.17$170.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,250.20$2,673.68$2,884.09
Cash to close$260,401$39,990$39,990