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$138,849$138,849$292,500
Remaining term (yrs)20.920.930.0
Secondary amount$0$153,651$0
Funding fee$694$694$0
Note rate3.780%3.780%7.400%
Blended rate3.780%5.997%7.640%
1st payment$797.06$797.06$2,025.21
2nd payment$0.00$1,024.34$0.00
Taxes / mo$286.00$286.00$286.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$23.33$23.33$23.33
Total monthly$1,256.39$2,280.73$2,543.04
Cash to close$186,151$32,500$32,500