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$83,974$83,974$269,100
Remaining term (yrs)20.920.930.0
Secondary amount$0$185,126$0
Funding fee$420$420$0
Note rate3.930%3.930%7.320%
Blended rate3.930%6.730%7.560%
1st payment$489.96$489.96$1,848.53
2nd payment$0.00$1,234.17$0.00
Taxes / mo$297.92$297.92$297.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$937.87$2,172.05$2,350.27
Cash to close$215,026$29,900$29,900