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$145,968$145,968$354,600
Remaining term (yrs)25.225.230.0
Secondary amount$0$208,632$0
Funding fee$730$730$0
Note rate2.990%2.990%7.400%
Blended rate2.990%5.791%7.640%
1st payment$685.32$685.32$2,455.18
2nd payment$0.00$1,347.42$0.00
Taxes / mo$328.33$328.33$328.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.92
HOA / mo$0.00$0.00$0.00
Total monthly$1,163.65$2,511.07$3,004.43
Cash to close$248,032$39,400$39,400