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$111,606$111,606$373,410
Remaining term (yrs)19.119.130.0
Secondary amount$0$261,804$0
Funding fee$558$558$0
Note rate2.390%2.390%7.400%
Blended rate2.390%6.148%7.640%
1st payment$603.25$603.25$2,585.42
2nd payment$0.00$1,690.82$0.00
Taxes / mo$346.83$346.83$346.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,100.08$2,790.90$3,156.93
Cash to close$303,294$41,490$41,490