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$112,272$112,272$270,000
Remaining term (yrs)24.624.630.0
Secondary amount$0$157,728$0
Funding fee$561$561$0
Note rate2.900%2.900%7.320%
Blended rate2.900%5.879%7.560%
1st payment$530.21$530.21$1,854.71
2nd payment$0.00$1,051.52$0.00
Taxes / mo$169.75$169.75$169.75
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$54.00
HOA / mo$115.00$115.00$115.00
Total monthly$964.96$2,016.48$2,343.46
Cash to close$187,728$30,000$30,000