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$147,076$147,076$382,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$235,424$0
Funding fee$735$735$0
Note rate2.800%2.800%7.400%
Blended rate2.800%5.847%7.640%
1st payment$698.52$698.52$2,648.35
2nd payment$0.00$1,520.45$0.00
Taxes / mo$314.00$314.00$314.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$108.00$108.00$108.00
Total monthly$1,270.52$2,790.97$3,296.85
Cash to close$277,924$42,500$42,500