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$139,359$139,359$368,100
Remaining term (yrs)24.024.030.0
Secondary amount$0$228,741$0
Funding fee$697$697$0
Note rate2.880%2.880%7.320%
Blended rate2.880%5.906%7.560%
1st payment$667.58$667.58$2,528.59
2nd payment$0.00$1,477.29$0.00
Taxes / mo$198.08$198.08$198.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,015.66$2,492.95$2,950.29
Cash to close$269,641$40,900$40,900