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$156,117$156,117$359,100
Remaining term (yrs)21.321.330.0
Secondary amount$0$202,983$0
Funding fee$781$781$0
Note rate3.950%3.950%7.400%
Blended rate3.950%6.098%7.640%
1st payment$901.15$901.15$2,486.34
2nd payment$0.00$1,310.93$0.00
Taxes / mo$130.25$130.25$130.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$16.67$16.67$16.67
Total monthly$1,198.07$2,509.00$2,855.08
Cash to close$242,883$39,900$39,900