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$137,033$137,033$319,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$182,467$0
Funding fee$685$685$0
Note rate3.060%3.060%7.400%
Blended rate3.060%5.881%7.640%
1st payment$658.51$658.51$2,212.15
2nd payment$0.00$1,216.45$0.00
Taxes / mo$163.08$163.08$163.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.90
HOA / mo$41.17$41.17$41.17
Total monthly$1,012.77$2,229.21$2,630.31
Cash to close$217,967$35,500$35,500