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$107,388$107,388$323,991
Remaining term (yrs)16.616.630.0
Secondary amount$0$216,603$0
Funding fee$537$537$0
Note rate3.420%3.420%7.320%
Blended rate3.420%6.315%7.560%
1st payment$702.57$702.57$2,225.59
2nd payment$0.00$1,398.89$0.00
Taxes / mo$74.50$74.50$74.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.80
HOA / mo$29.17$29.17$29.17
Total monthly$956.24$2,355.13$2,544.06
Cash to close$252,602$35,999$35,999