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$133,685$133,685$294,210
Remaining term (yrs)18.318.330.0
Secondary amount$0$160,525$0
Funding fee$668$668$0
Note rate3.800%3.800%7.400%
Blended rate3.800%6.092%7.640%
1st payment$841.98$841.98$2,037.05
2nd payment$0.00$1,070.17$0.00
Taxes / mo$200.58$200.58$200.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.84
HOA / mo$132.00$132.00$132.00
Total monthly$1,324.57$2,394.74$2,578.48
Cash to close$193,215$32,690$32,690