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$141,074$141,074$323,100
Remaining term (yrs)18.418.430.0
Secondary amount$0$182,026$0
Funding fee$705$705$0
Note rate3.670%3.670%7.400%
Blended rate3.670%6.109%7.640%
1st payment$873.61$873.61$2,237.08
2nd payment$0.00$1,213.50$0.00
Taxes / mo$395.42$395.42$395.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,419.03$2,632.53$2,847.12
Cash to close$217,926$35,900$35,900