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$100,571$100,571$324,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$223,429$0
Funding fee$503$503$0
Note rate2.770%2.770%7.320%
Blended rate2.770%6.204%7.560%
1st payment$466.06$466.06$2,225.66
2nd payment$0.00$1,442.98$0.00
Taxes / mo$159.33$159.33$159.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.80
HOA / mo$55.00$55.00$55.00
Total monthly$830.39$2,273.37$2,654.79
Cash to close$259,429$36,000$36,000