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$136,663$136,663$301,500
Remaining term (yrs)20.120.130.0
Secondary amount$0$164,837$0
Funding fee$683$683$0
Note rate2.180%2.180%7.400%
Blended rate2.180%5.362%7.640%
1st payment$696.14$696.14$2,087.53
2nd payment$0.00$1,098.92$0.00
Taxes / mo$220.67$220.67$220.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.30
HOA / mo$34.17$34.17$34.17
Total monthly$1,100.98$2,199.89$2,552.66
Cash to close$198,337$33,500$33,500