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$94,058$94,058$264,600
Remaining term (yrs)18.718.730.0
Secondary amount$0$170,542$0
Funding fee$470$470$0
Note rate3.840%3.840%7.320%
Blended rate3.840%6.521%7.560%
1st payment$585.30$585.30$1,817.62
2nd payment$0.00$1,136.95$0.00
Taxes / mo$90.42$90.42$90.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.92
HOA / mo$0.00$0.00$0.00
Total monthly$825.71$1,962.66$2,110.96
Cash to close$199,942$29,400$29,400