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$139,372$139,372$387,000
Remaining term (yrs)23.923.930.0
Secondary amount$0$247,628$0
Funding fee$697$697$0
Note rate2.880%2.880%7.320%
Blended rate2.880%5.996%7.560%
1st payment$669.24$669.24$2,658.42
2nd payment$0.00$1,599.27$0.00
Taxes / mo$144.83$144.83$144.83
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$964.07$2,563.34$3,030.65
Cash to close$290,628$43,000$43,000