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$141,200$141,200$378,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$236,800$0
Funding fee$706$706$0
Note rate3.310%3.310%7.400%
Blended rate3.310%6.091%7.640%
1st payment$716.08$716.08$2,617.20
2nd payment$0.00$1,529.33$0.00
Taxes / mo$112.58$112.58$112.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.60
HOA / mo$31.25$31.25$31.25
Total monthly$1,009.91$2,539.25$2,986.63
Cash to close$278,800$42,000$42,000