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$138,940$138,940$299,610
Remaining term (yrs)19.719.730.0
Secondary amount$0$160,670$0
Funding fee$695$695$0
Note rate2.940%2.940%7.400%
Blended rate2.940%5.653%7.640%
1st payment$771.13$771.13$2,074.44
2nd payment$0.00$1,071.13$0.00
Taxes / mo$153.42$153.42$153.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.92
HOA / mo$0.00$0.00$0.00
Total monthly$1,074.55$2,145.68$2,437.78
Cash to close$193,960$33,290$33,290