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$133,117$133,117$283,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$150,383$0
Funding fee$666$666$0
Note rate2.930%2.930%7.400%
Blended rate2.930%5.619%7.640%
1st payment$642.62$642.62$1,962.90
2nd payment$0.00$1,002.55$0.00
Taxes / mo$228.42$228.42$228.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,021.04$2,023.59$2,398.01
Cash to close$181,883$31,500$31,500