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$101,295$101,295$270,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$168,705$0
Funding fee$506$506$0
Note rate2.720%2.720%7.400%
Blended rate2.720%6.019%7.640%
1st payment$474.65$474.65$1,869.43
2nd payment$0.00$1,124.70$0.00
Taxes / mo$68.00$68.00$68.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$692.65$1,817.35$2,141.43
Cash to close$198,705$30,000$30,000