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$137,460$137,460$287,910
Remaining term (yrs)10.010.030.0
Secondary amount$0$150,450$0
Funding fee$687$687$0
Note rate2.150%2.150%7.400%
Blended rate2.150%5.207%7.640%
1st payment$1,255.35$1,255.35$1,993.43
2nd payment$0.00$1,003.00$0.00
Taxes / mo$211.04$211.04$211.04
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,616.39$2,619.39$2,412.05
Cash to close$182,440$31,990$31,990