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$65,632$65,632$224,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$159,278$0
Funding fee$328$328$0
Note rate2.880%2.880%7.320%
Blended rate2.880%6.506%7.560%
1st payment$315.15$315.15$1,544.98
2nd payment$0.00$1,061.85$0.00
Taxes / mo$122.75$122.75$122.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$44.98
HOA / mo$0.00$0.00$0.00
Total monthly$587.90$1,649.76$1,862.71
Cash to close$184,268$24,990$24,990