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$153,154$153,154$357,300
Remaining term (yrs)24.224.230.0
Secondary amount$0$204,146$0
Funding fee$766$766$0
Note rate2.720%2.720%7.320%
Blended rate2.720%5.594%7.560%
1st payment$717.65$717.65$2,454.40
2nd payment$0.00$1,318.45$0.00
Taxes / mo$166.83$166.83$166.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.46
HOA / mo$100.00$100.00$100.00
Total monthly$1,134.49$2,452.93$2,942.70
Cash to close$243,846$39,700$39,700