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$111,520$111,520$341,100
Remaining term (yrs)18.918.930.0
Secondary amount$0$229,580$0
Funding fee$558$558$0
Note rate3.880%3.880%7.320%
Blended rate3.880%6.485%7.560%
1st payment$692.12$692.12$2,343.12
2nd payment$0.00$1,482.71$0.00
Taxes / mo$251.42$251.42$251.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.22
HOA / mo$17.08$17.08$17.08
Total monthly$1,110.62$2,593.32$2,829.84
Cash to close$267,480$37,900$37,900