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$114,504$114,504$265,410
Remaining term (yrs)9.59.530.0
Secondary amount$0$150,906$0
Funding fee$573$573$0
Note rate2.400%2.400%7.400%
Blended rate2.400%5.584%7.640%
1st payment$1,107.02$1,107.02$1,837.65
2nd payment$0.00$1,006.04$0.00
Taxes / mo$105.67$105.67$105.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.08
HOA / mo$0.00$0.00$0.00
Total monthly$1,362.68$2,368.72$2,146.39
Cash to close$180,396$29,490$29,490