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$101,483$101,483$369,630
Remaining term (yrs)23.923.930.0
Secondary amount$0$268,147$0
Funding fee$507$507$0
Note rate2.910%2.910%7.320%
Blended rate2.910%6.421%7.560%
1st payment$488.87$488.87$2,539.10
2nd payment$0.00$1,731.78$0.00
Taxes / mo$497.58$497.58$497.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$73.93
HOA / mo$0.00$0.00$0.00
Total monthly$1,136.45$2,868.23$3,260.61
Cash to close$309,217$41,070$41,070