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$137,561$137,561$387,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$249,439$0
Funding fee$688$688$0
Note rate2.990%2.990%7.400%
Blended rate2.990%6.058%7.640%
1st payment$669.91$669.91$2,679.51
2nd payment$0.00$1,610.96$0.00
Taxes / mo$254.67$254.67$254.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,074.58$2,685.54$3,161.58
Cash to close$292,439$43,000$43,000