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$159,506$159,506$355,500
Remaining term (yrs)24.324.330.0
Secondary amount$0$195,994$0
Funding fee$798$798$0
Note rate2.670%2.670%7.400%
Blended rate2.670%5.609%7.640%
1st payment$741.57$741.57$2,461.41
2nd payment$0.00$1,306.63$0.00
Taxes / mo$329.17$329.17$329.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,220.73$2,527.36$3,011.68
Cash to close$235,494$39,500$39,500