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$136,841$136,841$323,910
Remaining term (yrs)19.319.330.0
Secondary amount$0$187,069$0
Funding fee$684$684$0
Note rate2.310%2.310%7.400%
Blended rate2.310%5.596%7.640%
1st payment$729.38$729.38$2,242.69
2nd payment$0.00$1,247.12$0.00
Taxes / mo$243.83$243.83$243.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,123.21$2,370.34$2,701.30
Cash to close$223,059$35,990$35,990