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$154,483$154,483$346,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$192,017$0
Funding fee$772$772$0
Note rate2.710%2.710%7.320%
Blended rate2.710%5.642%7.560%
1st payment$717.90$717.90$2,380.21
2nd payment$0.00$1,280.11$0.00
Taxes / mo$218.00$218.00$218.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$69.30
HOA / mo$25.00$25.00$25.00
Total monthly$1,110.90$2,391.02$2,842.51
Cash to close$230,517$38,500$38,500