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$148,043$148,043$382,500
Remaining term (yrs)20.120.130.0
Secondary amount$0$234,457$0
Funding fee$740$740$0
Note rate2.810%2.810%7.400%
Blended rate2.810%5.838%7.640%
1st payment$799.61$799.61$2,648.35
2nd payment$0.00$1,514.20$0.00
Taxes / mo$104.92$104.92$104.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,054.53$2,568.73$2,979.77
Cash to close$276,957$42,500$42,500