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$106,870$106,870$315,000
Remaining term (yrs)14.214.230.0
Secondary amount$0$208,130$0
Funding fee$534$534$0
Note rate2.390%2.390%7.400%
Blended rate2.390%5.932%7.640%
1st payment$734.44$734.44$2,181.00
2nd payment$0.00$1,344.17$0.00
Taxes / mo$83.67$83.67$83.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$968.11$2,312.28$2,477.66
Cash to close$243,130$35,000$35,000