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$106,809$106,809$292,500
Remaining term (yrs)19.819.830.0
Secondary amount$0$185,691$0
Funding fee$534$534$0
Note rate3.570%3.570%7.320%
Blended rate3.570%6.382%7.560%
1st payment$625.09$625.09$2,009.27
2nd payment$0.00$1,237.94$0.00
Taxes / mo$124.33$124.33$124.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$899.42$2,137.36$2,342.11
Cash to close$218,191$32,500$32,500