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$94,228$94,228$269,100
Remaining term (yrs)11.211.230.0
Secondary amount$0$174,872$0
Funding fee$471$471$0
Note rate2.390%2.390%7.320%
Blended rate2.390%6.036%7.560%
1st payment$791.60$791.60$1,848.53
2nd payment$0.00$1,165.82$0.00
Taxes / mo$249.17$249.17$249.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,190.77$2,356.58$2,301.52
Cash to close$204,772$29,900$29,900