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$151,096$151,096$449,100
Remaining term (yrs)19.419.430.0
Secondary amount$0$298,004$0
Funding fee$755$755$0
Note rate2.220%2.220%7.400%
Blended rate2.220%5.889%7.640%
1st payment$796.11$796.11$3,109.48
2nd payment$0.00$1,924.61$0.00
Taxes / mo$108.33$108.33$108.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,071.11$2,995.72$3,474.30
Cash to close$347,904$49,900$49,900