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$117,709$117,709$341,910
Remaining term (yrs)19.319.330.0
Secondary amount$0$224,201$0
Funding fee$589$589$0
Note rate3.970%3.970%7.320%
Blended rate3.970%6.449%7.560%
1st payment$725.47$725.47$2,348.68
2nd payment$0.00$1,447.96$0.00
Taxes / mo$76.50$76.50$76.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$68.38
HOA / mo$0.00$0.00$0.00
Total monthly$951.97$2,399.93$2,643.57
Cash to close$262,191$37,990$37,990