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$132,974$132,974$310,500
Remaining term (yrs)23.423.430.0
Secondary amount$0$177,526$0
Funding fee$665$665$0
Note rate3.450%3.450%7.400%
Blended rate3.450%6.051%7.640%
1st payment$687.30$687.30$2,149.84
2nd payment$0.00$1,183.51$0.00
Taxes / mo$248.00$248.00$248.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,085.30$2,268.81$2,609.94
Cash to close$212,026$34,500$34,500