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$88,447$88,447$238,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$150,053$0
Funding fee$442$442$0
Note rate2.860%2.860%7.400%
Blended rate2.860%6.094%7.640%
1st payment$410.22$410.22$1,651.33
2nd payment$0.00$1,000.35$0.00
Taxes / mo$27.92$27.92$27.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.70
HOA / mo$0.00$0.00$0.00
Total monthly$588.13$1,588.48$1,876.94
Cash to close$176,553$26,500$26,500