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$121,461$121,461$298,800
Remaining term (yrs)15.415.430.0
Secondary amount$0$177,339$0
Funding fee$607$607$0
Note rate3.870%3.870%7.400%
Blended rate3.870%6.321%7.640%
1st payment$865.96$865.96$2,068.83
2nd payment$0.00$1,182.26$0.00
Taxes / mo$220.50$220.50$220.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.76
HOA / mo$0.00$0.00$0.00
Total monthly$1,236.46$2,418.72$2,499.09
Cash to close$210,539$33,200$33,200