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$134,913$134,913$351,000
Remaining term (yrs)19.719.730.0
Secondary amount$0$216,087$0
Funding fee$675$675$0
Note rate3.640%3.640%7.320%
Blended rate3.640%6.170%7.560%
1st payment$796.71$796.71$2,411.13
2nd payment$0.00$1,395.56$0.00
Taxes / mo$237.50$237.50$237.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,184.21$2,579.77$2,868.83
Cash to close$255,087$39,000$39,000