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$146,086$146,086$350,910
Remaining term (yrs)18.718.730.0
Secondary amount$0$204,824$0
Funding fee$730$730$0
Note rate3.230%3.230%7.400%
Blended rate3.230%5.868%7.640%
1st payment$863.66$863.66$2,429.63
2nd payment$0.00$1,322.82$0.00
Taxes / mo$228.50$228.50$228.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.18
HOA / mo$178.00$178.00$178.00
Total monthly$1,420.16$2,742.98$3,056.31
Cash to close$243,814$38,990$38,990