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$140,804$140,804$297,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$156,196$0
Funding fee$704$704$0
Note rate2.730%2.730%7.320%
Blended rate2.730%5.502%7.560%
1st payment$655.77$655.77$2,040.18
2nd payment$0.00$1,041.31$0.00
Taxes / mo$275.00$275.00$275.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$59.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,080.77$2,122.08$2,524.58
Cash to close$189,196$33,000$33,000