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$108,873$108,873$359,910
Remaining term (yrs)19.919.930.0
Secondary amount$0$251,037$0
Funding fee$544$544$0
Note rate3.430%3.430%7.400%
Blended rate3.430%6.443%7.640%
1st payment$627.51$627.51$2,491.94
2nd payment$0.00$1,621.28$0.00
Taxes / mo$118.33$118.33$118.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$895.84$2,517.12$2,832.26
Cash to close$291,027$39,990$39,990