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$126,508$126,508$387,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$260,492$0
Funding fee$633$633$0
Note rate2.870%2.870%7.400%
Blended rate2.870%6.155%7.640%
1st payment$591.40$591.40$2,679.51
2nd payment$0.00$1,682.34$0.00
Taxes / mo$182.92$182.92$182.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.40
HOA / mo$100.00$100.00$100.00
Total monthly$1,024.31$2,706.66$3,189.83
Cash to close$303,492$43,000$43,000