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$65,037$65,037$251,910
Remaining term (yrs)19.719.730.0
Secondary amount$0$186,873$0
Funding fee$325$325$0
Note rate3.660%3.660%7.400%
Blended rate3.660%6.880%7.640%
1st payment$384.74$384.74$1,744.17
2nd payment$0.00$1,245.82$0.00
Taxes / mo$82.67$82.67$82.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.38
HOA / mo$0.00$0.00$0.00
Total monthly$617.41$1,863.23$2,027.22
Cash to close$214,863$27,990$27,990