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$98,533$98,533$260,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$162,377$0
Funding fee$493$493$0
Note rate2.870%2.870%7.320%
Blended rate2.870%6.063%7.560%
1st payment$472.63$472.63$1,792.27
2nd payment$0.00$1,082.51$0.00
Taxes / mo$112.75$112.75$112.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$52.18
HOA / mo$0.00$0.00$0.00
Total monthly$735.38$1,817.90$2,107.20
Cash to close$191,367$28,990$28,990