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$154,084$154,084$336,600
Remaining term (yrs)24.324.330.0
Secondary amount$0$182,516$0
Funding fee$770$770$0
Note rate2.660%2.660%7.400%
Blended rate2.660%5.556%7.640%
1st payment$715.58$715.58$2,330.55
2nd payment$0.00$1,216.77$0.00
Taxes / mo$139.33$139.33$139.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$67.32
HOA / mo$0.00$0.00$0.00
Total monthly$1,004.91$2,221.69$2,687.20
Cash to close$219,916$37,400$37,400