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$151,431$151,431$364,500
Remaining term (yrs)19.919.930.0
Secondary amount$0$213,069$0
Funding fee$757$757$0
Note rate3.440%3.440%7.400%
Blended rate3.440%5.959%7.640%
1st payment$873.58$873.58$2,523.72
2nd payment$0.00$1,376.07$0.00
Taxes / mo$223.92$223.92$223.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,247.49$2,623.56$2,970.54
Cash to close$253,569$40,500$40,500