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$131,670$131,670$449,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$318,240$0
Funding fee$658$658$0
Note rate2.670%2.670%7.400%
Blended rate2.670%6.263%7.640%
1st payment$610.68$610.68$3,115.09
2nd payment$0.00$2,055.30$0.00
Taxes / mo$187.33$187.33$187.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.98
HOA / mo$18.75$18.75$18.75
Total monthly$983.43$3,038.73$3,577.82
Cash to close$368,230$49,990$49,990