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$148,281$148,281$327,600
Remaining term (yrs)22.822.830.0
Secondary amount$0$179,319$0
Funding fee$741$741$0
Note rate3.800%3.800%7.400%
Blended rate3.800%6.099%7.640%
1st payment$808.44$808.44$2,268.24
2nd payment$0.00$1,195.46$0.00
Taxes / mo$15.75$15.75$15.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.52
HOA / mo$12.50$12.50$12.50
Total monthly$986.69$2,182.15$2,512.01
Cash to close$215,719$36,400$36,400