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$103,214$103,214$332,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$229,696$0
Funding fee$516$516$0
Note rate2.990%2.990%7.400%
Blended rate2.990%6.274%7.640%
1st payment$501.45$501.45$2,305.00
2nd payment$0.00$1,483.46$0.00
Taxes / mo$128.22$128.22$128.22
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$66.58
HOA / mo$172.00$172.00$172.00
Total monthly$951.68$2,435.13$2,821.81
Cash to close$266,686$36,990$36,990