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$139,770$139,770$373,500
Remaining term (yrs)18.518.530.0
Secondary amount$0$233,730$0
Funding fee$699$699$0
Note rate3.690%3.690%7.400%
Blended rate3.690%6.231%7.640%
1st payment$864.27$864.27$2,586.04
2nd payment$0.00$1,509.51$0.00
Taxes / mo$345.83$345.83$345.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.70
HOA / mo$475.00$475.00$475.00
Total monthly$1,835.10$3,344.61$3,631.57
Cash to close$275,230$41,500$41,500