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$136,207$136,207$270,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$133,793$0
Funding fee$681$681$0
Note rate2.810%2.810%7.320%
Blended rate2.810%5.382%7.560%
1st payment$644.50$644.50$1,854.71
2nd payment$0.00$891.95$0.00
Taxes / mo$35.33$35.33$35.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$829.83$1,721.78$2,094.05
Cash to close$163,793$30,000$30,000