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$114,594$114,594$265,410
Remaining term (yrs)16.616.630.0
Secondary amount$0$150,816$0
Funding fee$573$573$0
Note rate3.430%3.430%7.320%
Blended rate3.430%6.027%7.560%
1st payment$750.28$750.28$1,823.18
2nd payment$0.00$1,005.44$0.00
Taxes / mo$348.00$348.00$348.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.08
HOA / mo$0.00$0.00$0.00
Total monthly$1,248.28$2,253.72$2,374.26
Cash to close$180,306$29,490$29,490