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$147,547$147,547$332,999
Remaining term (yrs)24.424.430.0
Secondary amount$0$185,452$0
Funding fee$738$738$0
Note rate2.740%2.740%7.400%
Blended rate2.740%5.669%7.640%
1st payment$687.93$687.93$2,305.62
2nd payment$0.00$1,236.35$0.00
Taxes / mo$119.67$119.67$119.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.60
HOA / mo$500.00$500.00$500.00
Total monthly$1,457.59$2,693.94$3,141.88
Cash to close$222,452$37,000$37,000