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$111,571$111,571$359,910
Remaining term (yrs)18.118.130.0
Secondary amount$0$248,339$0
Funding fee$558$558$0
Note rate2.900%2.900%7.400%
Blended rate2.900%6.247%7.640%
1st payment$656.71$656.71$2,491.94
2nd payment$0.00$1,603.86$0.00
Taxes / mo$346.83$346.83$346.83
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$1,153.54$2,757.40$3,060.76
Cash to close$288,329$39,990$39,990