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$148,288$148,288$346,500
Remaining term (yrs)20.920.930.0
Secondary amount$0$198,212$0
Funding fee$741$741$0
Note rate3.650%3.650%7.320%
Blended rate3.650%6.138%7.560%
1st payment$841.13$841.13$2,380.21
2nd payment$0.00$1,321.41$0.00
Taxes / mo$81.83$81.83$81.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$137.00$137.00$137.00
Total monthly$1,209.96$2,531.38$2,818.35
Cash to close$236,712$38,500$38,500