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$125,937$125,937$355,500
Remaining term (yrs)21.121.130.0
Secondary amount$0$229,563$0
Funding fee$630$630$0
Note rate3.940%3.940%7.400%
Blended rate3.940%6.400%7.640%
1st payment$729.90$729.90$2,461.41
2nd payment$0.00$1,482.59$0.00
Taxes / mo$245.67$245.67$245.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,125.57$2,608.16$2,928.18
Cash to close$269,063$39,500$39,500