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$118,373$118,373$333,000
Remaining term (yrs)16.716.730.0
Secondary amount$0$214,627$0
Funding fee$592$592$0
Note rate3.420%3.420%7.400%
Blended rate3.420%6.211%7.640%
1st payment$771.60$771.60$2,305.62
2nd payment$0.00$1,386.13$0.00
Taxes / mo$182.50$182.50$182.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,104.10$2,490.23$2,704.72
Cash to close$251,627$37,000$37,000