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$148,310$148,310$427,500
Remaining term (yrs)19.019.030.0
Secondary amount$0$279,190$0
Funding fee$742$742$0
Note rate3.890%3.890%7.320%
Blended rate3.890%6.411%7.560%
1st payment$915.81$915.81$2,936.63
2nd payment$0.00$1,803.10$0.00
Taxes / mo$169.33$169.33$169.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,251.81$3,054.91$3,358.13
Cash to close$326,690$47,500$47,500