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$115,628$115,628$269,550
Remaining term (yrs)21.321.330.0
Secondary amount$0$153,922$0
Funding fee$578$578$0
Note rate3.990%3.990%7.400%
Blended rate3.990%6.280%7.640%
1st payment$669.90$669.90$1,866.31
2nd payment$0.00$1,026.14$0.00
Taxes / mo$23.33$23.33$23.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.91
HOA / mo$0.00$0.00$0.00
Total monthly$843.23$1,869.38$2,093.55
Cash to close$183,872$29,950$29,950