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$146,809$146,809$359,910
Remaining term (yrs)15.915.930.0
Secondary amount$0$213,101$0
Funding fee$734$734$0
Note rate3.550%3.550%7.400%
Blended rate3.550%6.037%7.640%
1st payment$999.47$999.47$2,491.94
2nd payment$0.00$1,376.28$0.00
Taxes / mo$333.25$333.25$333.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$16.67$16.67$16.67
Total monthly$1,499.39$2,875.67$3,063.85
Cash to close$253,091$39,990$39,990