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$137,611$137,611$314,910
Remaining term (yrs)19.619.630.0
Secondary amount$0$177,299$0
Funding fee$688$688$0
Note rate3.580%3.580%7.320%
Blended rate3.580%6.069%7.560%
1st payment$810.73$810.73$2,163.21
2nd payment$0.00$1,182.00$0.00
Taxes / mo$191.17$191.17$191.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,151.89$2,333.89$2,567.36
Cash to close$212,289$34,990$34,990