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$122,720$122,720$355,500
Remaining term (yrs)20.120.130.0
Secondary amount$0$232,780$0
Funding fee$614$614$0
Note rate3.470%3.470%7.320%
Blended rate3.470%6.273%7.560%
1st payment$703.76$703.76$2,442.04
2nd payment$0.00$1,503.37$0.00
Taxes / mo$329.17$329.17$329.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$28.25$28.25$28.25
Total monthly$1,211.18$2,714.55$3,020.56
Cash to close$272,280$39,500$39,500