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$116,807$116,807$269,100
Remaining term (yrs)19.319.330.0
Secondary amount$0$152,293$0
Funding fee$584$584$0
Note rate3.920%3.920%7.320%
Blended rate3.920%6.229%7.560%
1st payment$714.81$714.81$1,848.53
2nd payment$0.00$1,015.28$0.00
Taxes / mo$198.25$198.25$198.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,063.06$2,078.35$2,250.60
Cash to close$182,193$29,900$29,900