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$157,928$157,928$359,999
Remaining term (yrs)24.524.530.0
Secondary amount$0$202,071$0
Funding fee$790$790$0
Note rate3.050%3.050%7.320%
Blended rate3.050%5.688%7.560%
1st payment$759.82$759.82$2,472.94
2nd payment$0.00$1,305.04$0.00
Taxes / mo$110.75$110.75$110.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,020.57$2,325.61$2,805.69
Cash to close$242,071$40,000$40,000