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$70,379$70,379$200,250
Remaining term (yrs)19.819.830.0
Secondary amount$0$129,871$0
Funding fee$352$352$0
Note rate3.420%3.420%7.400%
Blended rate3.420%6.390%7.640%
1st payment$406.46$406.46$1,386.49
2nd payment$0.00$865.81$0.00
Taxes / mo$185.42$185.42$185.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$40.05
HOA / mo$0.00$0.00$0.00
Total monthly$741.88$1,607.69$1,761.96
Cash to close$152,121$22,250$22,250