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$145,999$145,999$404,910
Remaining term (yrs)17.417.430.0
Secondary amount$0$258,911$0
Funding fee$730$730$0
Note rate2.730%2.730%7.400%
Blended rate2.730%5.940%7.640%
1st payment$875.26$875.26$2,803.52
2nd payment$0.00$1,672.13$0.00
Taxes / mo$130.67$130.67$130.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$80.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,155.92$2,828.06$3,165.16
Cash to close$303,901$44,990$44,990