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$154,116$154,116$356,310
Remaining term (yrs)23.023.030.0
Secondary amount$0$202,194$0
Funding fee$771$771$0
Note rate3.610%3.610%7.400%
Blended rate3.610%5.959%7.640%
1st payment$818.92$818.92$2,467.02
2nd payment$0.00$1,305.84$0.00
Taxes / mo$114.17$114.17$114.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.26
HOA / mo$0.00$0.00$0.00
Total monthly$1,083.08$2,388.92$2,802.45
Cash to close$241,784$39,590$39,590