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$72,084$72,084$283,500
Remaining term (yrs)10.110.130.0
Secondary amount$0$211,416$0
Funding fee$360$360$0
Note rate2.370%2.370%7.320%
Blended rate2.370%6.382%7.560%
1st payment$660.69$660.69$1,947.45
2nd payment$0.00$1,365.39$0.00
Taxes / mo$397.17$397.17$397.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,207.85$2,573.25$2,551.31
Cash to close$242,916$31,500$31,500