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$149,554$149,554$359,910
Remaining term (yrs)16.616.630.0
Secondary amount$0$210,356$0
Funding fee$748$748$0
Note rate3.570%3.570%7.400%
Blended rate3.570%6.013%7.640%
1st payment$989.63$989.63$2,491.94
2nd payment$0.00$1,358.55$0.00
Taxes / mo$282.25$282.25$282.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,421.88$2,780.42$2,996.18
Cash to close$250,346$39,990$39,990