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$140,766$140,766$315,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$174,234$0
Funding fee$704$704$0
Note rate2.900%2.900%7.400%
Blended rate2.900%5.721%7.640%
1st payment$664.77$664.77$2,181.00
2nd payment$0.00$1,161.56$0.00
Taxes / mo$101.42$101.42$101.42
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$916.19$2,077.75$2,495.41
Cash to close$209,234$35,000$35,000