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$133,307$133,307$297,000
Remaining term (yrs)20.720.730.0
Secondary amount$0$163,693$0
Funding fee$667$667$0
Note rate3.940%3.940%7.400%
Blended rate3.940%6.178%7.640%
1st payment$782.51$782.51$2,056.37
2nd payment$0.00$1,091.28$0.00
Taxes / mo$227.33$227.33$227.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.40
HOA / mo$235.00$235.00$235.00
Total monthly$1,394.85$2,486.13$2,728.10
Cash to close$196,693$33,000$33,000