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$154,898$154,898$460,800
Remaining term (yrs)23.923.930.0
Secondary amount$0$305,902$0
Funding fee$774$774$0
Note rate2.900%2.900%7.320%
Blended rate2.900%6.120%7.560%
1st payment$747.17$747.17$3,165.38
2nd payment$0.00$1,975.62$0.00
Taxes / mo$49.77$49.77$49.77
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.16
HOA / mo$0.00$0.00$0.00
Total monthly$963.61$2,939.23$3,473.97
Cash to close$357,102$51,200$51,200