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$136,170$136,170$323,910
Remaining term (yrs)18.318.330.0
Secondary amount$0$187,740$0
Funding fee$681$681$0
Note rate3.730%3.730%7.320%
Blended rate3.730%6.205%7.560%
1st payment$852.75$852.75$2,225.04
2nd payment$0.00$1,251.60$0.00
Taxes / mo$270.75$270.75$270.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.78
HOA / mo$30.00$30.00$30.00
Total monthly$1,303.50$2,555.10$2,740.57
Cash to close$223,730$35,990$35,990