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$150,403$150,403$409,500
Remaining term (yrs)23.823.830.0
Secondary amount$0$259,097$0
Funding fee$752$752$0
Note rate2.990%2.990%7.400%
Blended rate2.990%6.002%7.640%
1st payment$734.20$734.20$2,835.30
2nd payment$0.00$1,673.34$0.00
Taxes / mo$59.42$59.42$59.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$81.90
HOA / mo$0.00$0.00$0.00
Total monthly$960.28$2,633.62$3,143.28
Cash to close$304,597$45,500$45,500