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$149,967$149,967$359,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$209,943$0
Funding fee$750$750$0
Note rate2.870%2.870%7.320%
Blended rate2.870%5.717%7.560%
1st payment$701.06$701.06$2,472.33
2nd payment$0.00$1,355.88$0.00
Taxes / mo$190.26$190.26$190.26
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,041.32$2,397.20$2,884.57
Cash to close$249,933$39,990$39,990