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$131,549$131,549$287,010
Remaining term (yrs)24.424.430.0
Secondary amount$0$155,461$0
Funding fee$658$658$0
Note rate2.810%2.810%7.320%
Blended rate2.810%5.621%7.560%
1st payment$618.04$618.04$1,971.56
2nd payment$0.00$1,036.41$0.00
Taxes / mo$351.00$351.00$351.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.40
HOA / mo$12.50$12.50$12.50
Total monthly$1,131.54$2,167.95$2,542.46
Cash to close$187,351$31,890$31,890